SAIC Awarded $500 Million Contract from U.S. Army Space and Missile Defense CommandCompany to Support the Chemical, Biological, Radiological and Nuclear - Installation Protection Program

SAN DIEGO and MCLEAN, Va., May 29 /PRNewswire-FirstCall/ -- Science Applications International Corporation today announced it has been awarded a prime contract by the U.S. Army Space and Missile Defense Command. This single-award, indefinite-delivery/indefinite-quantity contract will support the Chemical, Biological, Radiological and Nuclear (CBRN) -- Installation Protection Program (IPP). The contract has a one year base period of performance, four one-year options and a contract ceiling value of $500 million if all options are exercised. Work will be performed primarily in Abingdon, Md. The program is managed by the Joint Project Manager Guardian for the Joint Program Executive Office for Chemical and Biological Defense.

The IPP was initiated in December 2003 as a Joint Service effort to protect the critical infrastructure on selected Department of Defense (DoD) installations. The IPP provides integrated CBRN protection and response solutions for U.S. installations in the event of an attack.

Under the contract, SAIC will support the customer through the full life cycle deployment (design, procurement, integration and fielding) of enhanced CBRN capabilities and provide logistical support services for the tiered capability that comprise the Joint Project Manager Guardian (JPMG) IPP. These supplies and services will provide a capability to protect critical military operations and support rapid and effective response to CBRN events.

SAIC will provide program management and execution of all phases of the IPP. In conjunction with Program Staff and Service and Installation representatives, SAIC will support the system architecture, design, fielding, training and exercises, logistics and sustainment of the tiered solution and will provide technical expertise, materiel, and non-materiel solutions that meet current program requirements.

"This win demonstrates the commitment of the SAIC team currently supporting the CBRN-IPP to achieve program success in a challenging environment," said John Ferriter, SAIC senior vice president and business unit general manager. "The program ultimately helps ensure that the critical missions of our military installations can continue after a CBRN event. Our team is proud to be able to continue supporting this program, which is a critical part of the Nation's Homeland Security and Defense." SAIC worked with JPMG on the original contract which provided an integrated CBRN capability to Department of Defense (DoD) installations and facilities. SAIC designed, procured, integrated, installed and tested a family of systems to supplement other aspects of force protection against potential weapons of mass destruction.

About SAIC

SAIC is a FORTUNE 500(R) scientific, engineering, and technology applications company that uses its deep domain knowledge to solve problems of vital importance to the nation and the world, in national security, energy and the environment, critical infrastructure, and health. The company's approximately 44,000 employees serve customers in the Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. Government civil agencies and selected commercial markets. SAIC had annual revenues of $8.9 billion for its fiscal year ended January 31, 2008. For more information, visit http://www.saic.com/ .

SAIC: From Science to Solutions(R)

Statements in this announcement, other than historical data and information, constitute forward-looking statements that involve risks and uncertainties. A number of factors could cause our actual results, performance, achievements, or industry results to be very different from the results, performance, or achievements expressed or implied by such forward- looking statements. Some of these factors include, but are not limited to, the risk factors set forth in SAIC's Annual Report on Form 10-K for the period ended January 31, 2008, and other such filings that SAIC makes with the SEC from time to time. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.

Contact: Melissa Koskovich Laura Luke 703/676-6762 703/676-6533 Melissa.l.koskovich@saic.com laura.luke@saic.com

SAIC

CONTACT: Melissa Koskovich, +1-703-676-6762,
Melissa.l.koskovich@saic.com, or Laura Luke, +1-703-676-6533,
laura.luke@saic.com, both of SAIC

Web site: http://www.saic.com/

McAfee, Inc. Appoints Jeff Miller and Tony Zingale to Board of DirectorsMiller and Zingale Bring More than 60 Years of Combined Information Technology Management Experience to McAfee's Board of Directors

SANTA CLARA, Calif., May 29 /PRNewswire-FirstCall/ -- McAfee, Inc. today announced the appointment of Jeff Miller, president of the business and consulting firm JAMM Ventures and former chief executive officer (CEO) of Documentum, and Tony Zingale, who most recently served as president and CEO of Mercury Interactive, to its board of directors, effective May 27, 2008.

"We are pleased that Jeff and Tony are joining McAfee's board of directors," said Dave DeWalt, president and Chief Executive Officer of McAfee. "The primary focus of McAfee's board is to maximize shareholder value. Both Jeff and Tony are seasoned CEOs who bring a broad range of skills and backgrounds to McAfee; their collective expertise will complement that of our current board and will be instrumental in helping the company capitalize on its strategic market opportunities and prospects for continued growth."

Prior to establishing JAMM Ventures, Miller, age 57, was a venture partner with Redpoint Ventures. At Redpoint, Miller's area of focus was mentoring the CEOs of several Redpoint companies, particularly those in the enterprise and infrastructure software markets. Prior to his tenure at Redpoint, Miller was CEO of Documentum, Inc., where under his leadership, the company became one of the fastest growing technology companies in the country. Miller has more than 30 years of information technology experience, having spent the early years of his career in the semiconductor industry at Fairchild Semiconductor International, Inc. and Intel Corporation, and holding senior marketing and general management executive positions at Adaptec, Inc. and Cadence Design Systems Inc.

Miller currently serves as a member of the board of directors of Data Domain, Inc., a computer storage company, and Spoke Software, Inc., a business networking company. Miller holds a Masters of Business Administration and a Bachelors of Science degree in Electrical Engineering and Computer Science from Santa Clara University.

Zingale, age 52, currently serves on the boards of Coverity, Inc., a privately-held software quality automation company, and Jive Software, a privately-held enterprise collaboration company. He most recently served as president and CEO of Mercury Interactive Corp., a worldwide leader of business technology optimization solutions. Prior to joining Mercury, he was president and CEO of Clarify, where during his tenure, the company's revenue grew more than three hundred percent to more than $300 million. Following the acquisition by Nortel, he served as president of Nortel's billion-dollar eBusiness solutions group.

Previously, Zingale spent more than 10 years at Cadence Design Systems, the world's leading supplier of electronic design automation products and services, in a succession of executive management positions. Zingale began his career in product marketing at Intel Corporation in 1980.

Zingale holds a Bachelor of Science degree in electrical and computer engineering and a Bachelor of Arts degree in business administration from the University of Cincinnati. He is a member of the University of Cincinnati Foundation's Board of Trustees.

About McAfee, Inc.

McAfee, Inc., headquartered in Santa Clara, California, is the world's largest dedicated security technology company. It delivers proactive and proven solutions and services that secure systems and networks around the world, allowing users to browse and shop the Web securely. With its unmatched security expertise and commitment to innovation, McAfee empowers home users, businesses, the public sector and service providers by enabling them to comply with regulations, protect data, prevent disruptions, identify vulnerabilities and continuously monitor and improve their security. http://www.mcafee.com/.

McAfee and/or other noted McAfee related products contained herein are registered trademarks or trademarks of McAfee, Inc., and/or its affiliates in the US and/or other countries. McAfee Red in connection with security is distinctive of McAfee brand products. Any other non-McAfee related products, registered and/or unregistered trademarks contained herein is only by reference and are the sole property of their respective owners. (C) 2008 McAfee, Inc. All rights reserved.

McAfee, Inc.

CONTACT: Investor Relations, Kelsey Doherty, +1-203-321-1239,
Kelsey_doherty@mcafee.com, or Public Relations, Tracy Ross, +1-408-346-5965,
tracy_ross@mcafee.com, both of McAfee, Inc.

Web site: http://www.mcafee.com/

J. Crew Group, Inc. Announces First Quarter Fiscal 2008 ResultsFirst Quarter Revenues Rise 15% to $340.6 millionFirst Quarter Operating Income Increases 20% to $53.0 millionRevises Guidance for Fiscal 2008

NEW YORK, May 29 /PRNewswire-FirstCall/ -- J. Crew Group, Inc. [NYSE: JCG] today announced financial results for the three months ended May 3, 2008 (first quarter fiscal 2008).

First quarter highlights: -- Revenues increased 15% to $340.6 million. Store sales (Retail and Factory) increased 14% to $229.1 million, with comparable store sales increasing 2%. Comparable store sales increased 8% in the first quarter of fiscal 2007. Direct sales (Internet and Catalog) rose by 17% to $100.9 million. Direct sales increased 31% to $86.6 million in the first quarter of fiscal 2007. -- Gross margin increased to 46.9% of revenues from 46.6% of revenues in the first quarter of fiscal 2007. -- Operating income increased 20% to $53.0 million, or 15.6% of revenues, compared to $44.4 million, or 14.9% of revenues, in the first quarter of fiscal 2007. -- Net income was $30.5 million, or $0.48 per diluted share, compared to $24.6 million, or $0.39 per diluted share, in the first quarter of fiscal 2007.

Millard Drexler, J. Crew's Chairman and CEO stated: "I am pleased with our first quarter results. We are on a mission to be the best we can be on quality, style, design and service for our customers. We are dedicated to continuing to always build and invest in our company for the long term."

Guidance

The Company issued its initial guidance for the second quarter and updated its guidance for fiscal 2008. The Company currently expects second quarter diluted earnings per share in the range of $0.31 to $0.33. For fiscal 2008, the Company currently expects diluted earnings per share in the range of $1.70 to $1.75, as compared to its previous guidance range of $1.85 to $1.87 and fiscal 2007 diluted earnings per share of $1.52. The Company's revised expectations for fiscal 2008 include comparable store sales growth in the range of flat to low single-digits, Direct sales growth in the high single-digits and net square footage expansion of approximately 11%.

Balance Sheet highlights as of May 3, 2008 -- Inventories at the end of the quarter were $174.5 million, reflecting the impact of 34 net stores opened since the first quarter of fiscal 2007 and 7 stores opened since the end of fiscal 2007 and the timing of inventory receipts as compared to last year's first quarter. -- Long-term debt was reduced to $100.0 million, which reflects the Company's voluntary principal payments of $25.0 million during the first three months of fiscal 2008. Conference Call Information

A conference call to discuss first quarter results is scheduled for today, May 29, 2008, at 4:30 PM Eastern Time. Investors and analysts interested in participating in the call are invited to dial (877) 407-0784 approximately ten minutes prior to the start of the call. The conference call will also be webcast live at http://www.jcrew.com/. A replay of this call will be available until June 6, 2008 and can be accessed by dialing (877) 660-6853 and entering account number 3055 and conference ID number 286170.

About J. Crew Group, Inc.

J. Crew Group, Inc. is a nationally recognized multi-channel retailer of women's and men's apparel, shoes and accessories. As of May 29, 2008, the Company operates 206 retail stores (including 4 crewcuts and 8 Madewell stores), the J. Crew catalog business, jcrew.com, and 65 factory outlet stores. Additionally, certain product, press release and SEC filing information concerning the Company are available at the Company's website http://www.jcrew.com/.

Forward-Looking Statements:

Certain statements herein are "forward-looking statements" made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements reflect the Company's current expectations or beliefs concerning future events and actual results of operations may differ materially from historical results or current expectations. Any such forward-looking statements are subject to various risks and uncertainties, including the strength of the economy, changes in the overall level of consumer spending or preferences in apparel, our ability to compete with other retailers, the performance of the Company's products within the prevailing retail environment, our strategy and expansion plans, reliance on key personnel, trade restrictions, political or financial instability in countries where the Company's goods are manufactured, postal rate increases, paper and printing costs, availability of suitable store locations at appropriate terms and other factors which are set forth in the Company's Form 10-K and in all filings with the SEC made by the Company subsequent to the filing of the Form 10-K. The Company does not undertake to publicly update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

Exhibit (1) J. Crew Group, Inc. Condensed Consolidated Statements of Operations (Unaudited) Three Months Three Months (In thousands, except Ended Ended percentages and share data) May 3, 2008 May 5, 2007 Net sales Stores $229,109 $201,009 Direct 100,934 86,570 330,043 287,579 Other 10,536 9,733 Total Revenues 340,579 297,312 Costs of goods sold, buying and occupancy costs 180,692 158,774 Gross Profit 159,887 138,538 As a percent of revenues 46.9 % 46.6 % Selling, general and administrative expenses 106,841 94,165 As a percent of revenues 31.4 % 31.7 % Operating income 53,046 44,373 As a percent of revenues 15.6 % 14.9 % Interest expense, net 2,370 3,442 Income before income taxes 50,676 40,931 Provision for income taxes 20,175 16,282 Net income $30,501 $24,649 Income per share: Basic $0.50 $0.41 Diluted $0.48 $0.39 Weighted average shares outstanding: Basic 61,192 59,731 Diluted 64,076 63,248 Exhibit (2) J. Crew Group, Inc. Condensed Consolidated Balance Sheets (Unaudited) (In thousands) May 3, 2008 February 2, 2008 May 5, 2007 Assets Current assets: Cash and cash equivalents $121,532 $131,510 $81,321 Inventories 174,493 158,525 144,759 Prepaid expenses and other current assets 32,850 33,293 37,242 Refundable income taxes 8,600 9,794 8,600 Total current assets 337,475 333,122 271,922 Property and equipment, net 174,438 168,292 125,208 Other assets 33,299 34,182 31,792 Total assets $545,212 $535,596 $428,922 Liabilities and Stockholders' equity Current liabilities: Accounts payable $95,657 $101,277 $66,358 Other current liabilities 77,816 93,796 65,883 Income taxes payable 6,669 - 5,675 Total current liabilities 180,142 195,073 137,916 Long-term debt 100,000 125,000 175,000 Deferred credits 68,388 67,600 64,489 Other liabilities 7,715 7,601 6,435 Stockholders' equity 188,967 140,322 45,082 Total liabilities and stockholders' equity $545,212 $535,596 $428,922 Exhibit (3) Actual and Projected Store Count and Square Footage Fiscal 2008 Total stores Number of Number of Total open at stores stores stores beginning opened closed open of during during at end of Quarter the quarter the quarter the quarter the quarter 1st Quarter (Actual) 260 7 0 267 2nd Quarter (Projected) 267 8 0 275 3rd Quarter (Projected) 275 14 0 289 4th Quarter (Projected) 289 14 2 301 Fiscal 2008 Gross Reduction Total square of gross gross feet square feet Total square for stores for stores gross feet at opened or closed or square beginning expanded downsized feet at of during during the end of the Quarter the quarter the quarter quarter quarter 1st Quarter (Actual) 1,688,016 38,685 (2,261) 1,724,440 2nd Quarter (Projected) 1,724,440 36,313 (7,899) 1,752,854 3rd Quarter (Projected) 1,752,854 61,895 (4,304) 1,810,445 4th Quarter (Projected) 1,810,445 71,406 (12,181) 1,869,670

J. Crew Group, Inc.

CONTACT: James Scully, Chief Financial Officer, of J. Crew Group, Inc.,
+1-212-209-8040, Investors, Allison Malkin, Chad Jacobs, Joe Teklits, all of
Integrated Corporate Relations, +1-203-682-8200

Web site: http://www.jcrew.com/

Avis and Budget's where2(R) GPS Systems Exceed Two Million Transactions

PARSIPPANY, N.J., May 29 /PRNewswire-FirstCall/ -- Avis Budget Group, parent company of Avis Rent A Car and Budget Rent A Car, today announced that its Global Position System (GPS) navigation system, where2(R), recently surpassed two million transactions from Avis and Budget customers since its launch in 2006, representing more than six million rental days of use.

where2, manufactured by Garmin(R), has proven to be very popular with both business and leisure travelers. Avis business renters find that the portable units help them avoid traffic delays and thus gain more free time to get work done or catch an earlier flight home. Budget customers benefit from having the latest state-of-the-art navigation system when on vacation to avoid getting lost, while also enjoying the savings from Budget's low rates and high-quality vehicles.

"where2 is another example of Avis' long-standing tradition of offering technological innovations that enhance our customers' rental experience, backed by our world-renowned 'We Try Harder' service," said Larry De Shon, executive vice president of operations for Avis Budget Group. "At Budget, offering the most advanced technology in low-priced rental cars exemplifies the great value that Budget customers demand. We're pleased with the success of where2 and look forward to serving customers' car rental and GPS needs in the future."

Building on this success, Avis Budget Group is rolling out a new version of where2 based on Garmin's nuvi 780. The new unit, designed to help Avis and Budget customers better navigate the streets of their travel destinations and avoid unnecessary delays, features a simple user interface, a large-high-brightness display screen, turn-by-turn directions in more than 40 languages, three-dimensional maps, Bluetooth hands-free calling capability, MP3 audio playback capability and added services such as traffic alerts, weather reports, stock and news update, Amber Alerts, and movie listings provided by MSN Direct.

where2 is available in the United States, Puerto Rico, Canada and Australia. For more information or make a reservation, visit http://www.avis.com/ or http://www.budget.com/.

About Avis Budget Group

Avis Budget Group, Inc. is a leading provider of vehicle rental services, with operations in more than 70 countries. Through its Avis and Budget brands, the Company is the largest general-use vehicle rental company in each of North America, Australia, New Zealand and certain other regions based on published airport statistics. Avis Budget Group is headquartered in Parsippany, N.J. and has more than 30,000 employees. For more information about Avis Budget Group, visit http://www.avisbudgetgroup.com/.

Avis Budget Group

CONTACT: Alice Pereira of Avis Budget Group, +1-973-496-6113,
alice.pereira@avisbudget.com

Web site: http://www.avisbudgetgroup.com/

Measurement Specialties Announces Fourth Quarter and Fiscal Year End (FY08) Release Schedule and Conference Call

HAMPTON, Va., May 29 /PRNewswire-FirstCall/ -- Measurement Specialties, Inc. , a global designer and manufacturer of sensors and sensor-based systems, will report earnings for the fiscal year and fourth quarter ended March 31, 2008 on Thursday, June 12, 2008.

The Company will host an investor conference call on Thursday, June 12, 2008 at 9:00 AM EDT to answer questions regarding the year-end results reported in our Form 10-K for fiscal year ended March 31, 2008. US dialers: (877) 407-8031; International dialers (201) 689-8031. Interested parties may also listen via the Internet at: http://www.investorcalendar.com/. The call will be available for replay for 30 days by dialing (877) 660-6853 (US dialers); (201) 612-7415 (International dialers), and entering the replay pass code #286 and conference ID# 287142, and on Investorcalendar.com.

About Measurement Specialties. Measurement Specialties, Inc. (MEAS) designs and manufactures sensors and sensor-based systems to measure precise ranges of physical characteristics such as pressure, temperature, position, force, vibration, humidity and photo optics. MEAS uses multiple advanced technologies -- piezo-resistive silicon sensors, application-specific integrated circuits, micro-electromechanical systems ("MEMS"), piezoelectric polymers, foil strain gauges, force balance systems, fluid capacitive devices, linear and rotational variable differential transformers, electromagnetic displacement sensors, hygroscopic capacitive sensors, ultrasonic sensors, optical sensors, negative thermal coefficient ("NTC") ceramic sensors and mechanical resonators -- to engineer sensors that operate precisely and cost effectively.

Company Contact: Mark Thomson, CFO, (757) 766-4224

Measurement Specialties, Inc.

CONTACT: Mark Thomson, CFO of Measurement Specialties, +1-757-766-4224

Web site: http://www.meas-spec.com/
http://www.investorcalendar.com/

GeoInvesting.com Adds WEMU, HOGS, CSY & KNDI to Its Database

SKIPPACK, Pa., May 29 /PRNewswire/ -- The GeoTeam(R) invites investors to visit our site and share their thoughts on Worldwide Energy and Manufacturing USA, Inc. (BULLETIN BOARD: WEMU) , Zhongpin Inc. , China Sky One Medical, Inc. and Kandi Technologies, Corp. as well as many other stocks in the GeoDatabase.

About GeoInvesting.com

GeoInvesting(R) is a new website designed to gather, analyze and disseminate information on U.S. listed Chinese stocks and serve as a professional and social networking platform for investors, IR Firms and Chinese companies, all of whom can benefit from this service.

The GeoTeam(R) addresses common deficiencies in the Chinese company market research arena such as:

-- Lack of verified company profiles -- Insufficient interpretation of financial results -- Limited dissection of important information in SEC filings -- No focused 52 week high and low lists

GeoInvesting provides investors with valuable information about U.S. Listed Chinese Companies. Some of the key aspects offered with respect to these companies include, but are not limited to:

-- Timely recognition of new listings. -- 52 week high and low data feed. -- Financial updates. -- Dissection of SEC filings. -- Discussion forums. Please visit our website at http://www.geoinvesting.com/. GeoInvesting.com Disclosure

You agree that you shall not republish or redistribute in any medium any information on the GeoInvesting website without our express written authorization. You acknowledge that GeoInvesting is not registered as an exchange, broker-dealer or investment advisor under any federal or state securities laws, and that GeoInvesting has not provided you with any individualized investment advice or information. Nothing in the website should be construed to be an offer or sale of any security. You should consult your financial advisor before making any investment decision or engaging in any securities transaction as investing in any securities mentioned in the website may or may not be suitable to you or for your particular circumstances.

GeoInvesting Contacts: Dan David, Vice President Maj Soueidan, President Zou Soueidan, Asst. Equity Analyst Ph. 484-991-8426 Fax 484-991-8424

GeoInvesting.com

CONTACT: Dan David, Vice President, or Maj Soueidan, President, or Zou
Soueidan, Asst. Equity Analyst, +1-484-991-8426, +1-484-991-8424 (fax), all of
GeoInvesting

Web site: http://www.geoinvesting.com/

Novell Reports Financial Results for Second Fiscal Quarter 2008- Product revenue increased 7% year-over-year- Improved operating margin year-over-year

WALTHAM, Mass., May 29 /PRNewswire-FirstCall/ -- Novell, Inc. today announced financial results for its second fiscal quarter ended April 30, 2008. For the quarter, Novell reported net revenue of $236 million. This compares to net revenue of $232 million for the second fiscal quarter 2007. Income from operations for the second fiscal quarter 2008 was $2 million, compared to a loss from operations of $12 million for the second fiscal quarter 2007. Income from continuing operations in the second fiscal quarter 2008 was $6 million, or $0.02 per share. This compares to a loss from continuing operations of $1 million, or $0.00 loss per share, for the second fiscal quarter 2007. Foreign currency exchange rates favorably impacted revenue by $8 million, unfavorably impacted operating expenses by $9 million and negatively impacted income from operations by $1 million year-over-year.

On a non-GAAP basis, income from operations for the second fiscal quarter 2008 was $16 million. This compares to non-GAAP income from operations of $9 million in the year-ago quarter. Non-GAAP income from continuing operations for the second fiscal quarter 2008 was $21 million, or $0.06 per share. This compares to non-GAAP income from continuing operations of $16 million, or $0.05 per share, for the second fiscal quarter 2007.

For the second fiscal quarter 2008, Novell reported $30 million of product revenue from Open Platform Solutions of which $29 million was from Linux* Platform Products, up 31% year-over-year. Product revenue from Identity and Security Management was $31 million of which Identity and Access Management was $27 million, up 13% year-over-year. Product revenue from Systems and Resource Management was $41 million, up 15% year-over-year. Workgroup product revenue of $92 million was down 1% year-over-year.

"Our business continues to gain momentum, with strong product revenue growth in Linux, Identity and Systems and Resource Management," said Ron Hovsepian, President and CEO of Novell. "We are encouraged by our results and remain confident we will achieve our financial objectives for fiscal 2008."

Cash, cash equivalents and short-term investments were $1.4 billion at April 30, 2008, down from $1.8 billion in the year-ago quarter, primarily due to the acquisition of PlateSpin and the repurchase of a portion of our debentures. Days sales outstanding in accounts receivable was 66 days at the end of the second fiscal quarter 2008, up from 64 days at the end of the year-ago quarter. Total deferred revenue was $702 million at the end of the second fiscal quarter 2008, up from $700 million at the end of the year-ago quarter. Cash flow from operations was a negative $18 million for the second fiscal quarter 2008. This compares to negative cash flow from operations of $29 million in the second fiscal quarter 2007.

During the quarter, Novell repurchased a portion of its outstanding 0.5% senior convertible debentures due 2024. To date, $135 million of cash has been used for these activities. Novell has not repurchased any shares of common stock under the share repurchase program that it announced on May 13, 2008.

Full details on Novell's reported results, including a reconciliation of the non-GAAP results, are included in the financial schedules that are a part of this release.

Financial Outlook Novell management reiterates the following financial guidance: For the full fiscal year 2008: -- Net revenue is expected to be between $940 million and $970 million. -- Non-GAAP operating margin is expected to be between 7% and 9%, excluding all acquisition- related intangible asset amortization. Conference Call Notification and Web Access Detail

A live Webcast of a Novell conference call to discuss the quarter will be broadcast at 5:00 PM ET May 29, 2008, from Novell's Investor Relations Web page: http://www.novell.com/company/ir/qresults/. The domestic conference call dial-in number is 866-335-5255, password "Novell", and the international dial-in number is +1-706-679-2263, password "Novell".

The call will be archived on the Novell Web site approximately two hours after its conclusion and will remain on the Web site until June 13, 2008. The call will also be available for telephone playback through midnight ET, June 13, 2008. The domestic toll-free replay number is 800-642-1687, and the international replay number is +1-706-645-9291. Replay listeners must enter conference ID number 45769805.

A copy of this press release is posted on Novell's Web site at: http://www.novell.com/company/ir/qresults/.

Non-GAAP Financial Measures

We supplement our consolidated unaudited condensed financial statements presented in accordance with GAAP with certain non-GAAP financial measures. These non-GAAP measures include adjusted income from operations, operating margin, income from continuing operations, net income, income per share from continuing operations and net income per share both of which are based on an adjusted number of diluted weighted average shares. We provide non-GAAP financial measures to enhance an overall understanding of our current financial performance and prospects for the future and enable investors to evaluate our performance in the same way that management does. Management uses these same non-GAAP financial measures to evaluate performance, allocate resources, and determine bonuses. The non-GAAP financial measures do not replace the presentation of our GAAP financial results, but they eliminate expenses and gains that are unusual, that are excluded from analysts' consensus estimates, and/or that arise outside of the ordinary course of business, such as, but not limited to, stock-based compensation expenses, acquisition-related intangible asset amortization, restructuring expenses, asset impairments, litigation judgments and settlements, the write-off of acquired in-process research and development, and gains (losses) on the sale of business operations, long-term investments, and property, plant and equipment.

Legal Notice Regarding Forward-Looking Statements

This press release includes statements that are not historical in nature and that may be characterized as "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act, including those related to future financial and operating results, future opportunities, the benefits and synergies of the company's brands, strategies and acquisitions, and the growth of the market for Linux Platform Products, Identity and Access Management, and Systems and Resource Management. You should be aware that Novell's actual results could differ materially from those contained in the forward-looking statements, which are based on current expectations of Novell management and are subject to a number of risks and uncertainties, including, but not limited to, Novell's ability to transform its business through the implementation of its strategic plan, Novell's ability to realize the benefits anticipated from the Microsoft transaction and other transactions, Novell's ability to realize the benefits anticipated from its restructuring plan, and the expected charges to be incurred and payments to be made under the restructuring plan, Novell's ability to achieve its expense targets, Novell's success in executing its Linux Platform Products, Identity and Access Management, and Systems and Resource Management strategies, Novell's ability to take a competitive position in the Linux Platform Products, Identity and Access Management, and Systems and Resource Management industries, business conditions and the general economy, market opportunities, potential new business strategies, competitive factors, sales and marketing execution, shifts in technologies or market demand, Novell's ability to integrate acquired operations and employees, and the other factors described in Novell's Annual Report on Form 10-K filed with the Securities and Exchange Commission on December 21, 2007. Novell disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this press release except as required by the securities laws.

About Novell

Novell, Inc. delivers the best engineered, most interoperable Linux platform and a portfolio of integrated IT management software that helps customers around the world reduce cost, complexity and risk. With our infrastructure software and ecosystem of partnerships, Novell harmoniously integrates mixed IT environments, allowing people and technology to work as one. For more information, visit http://www.novell.com/.

* Linux is a registered trademark of Linus Torvalds. All other third-party trademarks are the property of their respective owners.

Novell, Inc. Consolidated Unaudited Condensed Statements of Operations (In thousands, except per share data) Fiscal Quarter Ended Fiscal Year-to-Date Apr 30, Apr 30, Apr 30, Apr 30, 2008 2007 2008 2007 Net revenue: Software licenses $44,454 $41,779 $84,885 $80,332 Maintenance and subscriptions 150,122 139,742 299,305 274,413 Services (1) 41,090 50,866 82,402 96,028 Total net revenue 235,666 232,387 466,592 450,773 Cost of revenue: Software licenses 4,194 4,260 7,459 8,487 Maintenance and subscriptions 12,646 11,270 24,286 22,925 Services 44,228 49,040 87,862 97,605 Total cost of revenue 61,068 64,570 119,607 129,017 Gross profit 174,598 167,817 346,985 321,756 Operating expenses: Sales and marketing 92,076 88,173 178,681 178,274 Product development 48,029 52,562 94,087 99,029 General and administrative 28,324 28,377 55,200 53,260 Other operating expenses (2) 4,502 10,451 8,869 23,555 Total operating expenses 172,931 179,563 336,837 354,118 Income (loss) from operations 1,667 (11,746) 10,148 (32,362) Operating margin % 0.7% -5.1% 2.2% -7.2% Other income, net 17,852 13,760 35,008 31,793 Income (loss) from continuing operations, before income taxes 19,519 2,014 45,156 (569) Income tax expense 13,653 3,326 24,606 12,912 Income (loss) from continuing operations 5,866 (1,312) 20,550 (13,481) Income (loss) from discontinued operations, before income taxes - 1,269 1,285 (9,421) Income tax expense (benefit) on discontinued operations - 2,845 (836) (69) Income (loss) from discontinued operations - (1,576) 2,121 (9,352) Net income (loss) $5,866 $(2,888) $22,671 $(22,833) Income (loss) per share: Continuing operations $0.02 $(0.00) $0.06 $(0.04) Net income (loss) $0.02 $(0.01) $0.06 $(0.07) Weighted average shares (Diluted 2008, Basic 2007) 354,287 346,492 353,660 346,007 (1) Services includes professional services, technical support and training services. (2) See Page 8 of 11 for a detail of other operating expenses. Revisions were made to prior period amounts in order to conform to the current period's presentation. Novell, Inc. Consolidated Unaudited Condensed Balance Sheets (In thousands) Apr 30, 2008 Oct 31, 2007 Assets Current assets: Cash and cash equivalents $1,003,398 $1,079,819 Short-term investments 427,322 777,818 Restricted cash 52,124 - Receivables, net 176,676 208,318 Prepaid expenses 54,910 53,316 Other current assets 29,260 35,065 Total current assets 1,743,690 2,154,336 Property, plant and equipment, net 183,743 180,537 Long-term investments 42,088 37,304 Goodwill 596,978 404,612 Intangible assets, net 58,033 33,572 Deferred income taxes 27,321 14,518 Other assets 27,470 29,515 Total assets $2,679,323 $2,854,394 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $40,841 $45,135 Accrued compensation 88,348 112,794 Other accrued liabilities 98,849 122,850 Income taxes payable 7,244 46,724 Deferred revenue 450,945 494,615 Total current liabilities 686,227 822,118 Deferred income taxes 1,361 884 Other long-term liabilities 40,502 - Long-term deferred revenue 250,629 273,066 Senior convertible debentures 479,394 600,000 Total liabilities 1,458,113 1,696,068 Stockholders' equity 1,221,210 1,158,326 Total liabilities and stockholders' equity $2,679,323 $2,854,394 Novell, Inc. Consolidated Unaudited Condensed Statements of Cash Flows (In thousands) Fiscal Quarter Ended Fiscal Year-to-Date Apr 30, Apr 30, Apr 30, Apr 30, 2008 2007 2008 2007 Cash flows from operating activities Net income (loss) $5,866 $(2,888) $22,671 $(22,833) Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities: Stock-based compensation expense 7,010 8,131 17,777 14,630 Stock-based compensation modification expense - 1,802 - 1,802 Depreciation and amortization 9,847 10,309 18,847 21,473 Change in accounts receivable allowances 1,034 (1,224) 671 (451) Utilization of previously reserved acquired net operating losses 23 2,354 5,025 4,825 Purchased in-process research and development 2,700 - 2,700 - Gain on debenture repurchases (405) - (405) - Gain on long-term investments (250) - (250) (1,738) Gain on sale of venture capital funds - - - (3,591) (Gain) loss on discontinued operations, before taxes - (628) (1,180) 10,220 Changes in current assets and liabilities, excluding the effect of acquisitions and dispositions (43,506) (47,111) (109,823) 293,936 Net cash (used in) provided by operating activities (17,681) (29,255) (43,967) 318,273 Cash flows from financing activities Issuance of common stock, net 4,196 742 6,778 8,122 Excess tax effects from stock-based compensation 14,315 2,737 23,995 4,723 Debenture repurchases (115,589) - (115,589) - Net cash (used in) provided by financing activities (97,078) 3,479 (84,816) 12,845 Cash flows from investing activities Purchases of property, plant and equipment (10,463) (7,550) (16,322) (12,508) Short-term investment activity 290,922 (47,552) 325,440 (47,420) Long-term investment activity 14,523 - 14,523 1,738 Cash restricted due to litigation (629) - (52,124) - Net proceeds (distributions) from the sale of discontinued operations 2,508 2,749 (909) 2,749 Proceeds from sale of venture capital funds - - - 4,964 Net cash paid for acquisitions (220,473) - (220,473) (9,727) Purchases of intangible assets - (875) - (875) Other 3,148 4,518 2,227 5,166 Net cash provided by (used in) investing activities 79,536 (48,710) 52,362 (55,913) Increase (decrease) in cash and cash equivalents (35,223) (74,486) (76,421) 275,205 Cash and cash equivalents - beginning of period 1,038,621 1,025,478 1,079,819 675,787 Cash and cash equivalents - end of period $1,003,398 $950,992 $1,003,398 $950,992 Revisions were made to prior period amounts in order to conform to the current period's presentation. Novell, Inc. Unaudited Non-GAAP Adjusted Income From Operations (In thousands, except per share data) Fiscal Quarter Ended Fiscal Year-to-Date Apr 30, Apr 30, Apr 30, Apr 30, 2008 2007 2008 2007 GAAP income (loss) from operations $1,667 $(11,746) $10,148 $(32,362) Adjustments: Stock-based compensation expense: Cost of revenue 535 937 1,843 1,984 Sales and marketing 2,030 2,400 5,447 4,260 Product development 2,353 2,535 5,357 4,686 General and administrative 2,092 2,259 5,130 3,700 Sub-total 7,010 8,131 17,777 14,630 Acquisition-related intangible asset amortization: Cost of revenue 1,659 1,310 2,851 2,556 Sales and marketing 738 509 1,088 1,879 Product development - - - 227 Sub-total 2,397 1,819 3,939 4,662 Other operating expenses (income): Restructuring expenses 392 4,523 4,759 11,867 Purchased in-process research and development 2,700 - 2,700 - Litigation-related income - - - (543) Acquisition integration costs 1,410 - 1,410 - Stock-based compensation review expenses - 5,928 - 12,231 Sub-total 4,502 10,451 8,869 23,555 Total operating adjustments 13,909 20,401 30,585 42,847 Non-GAAP income from operations $15,576 $8,655 $40,733 $10,485 Operating margin % 6.6% 3.7% 8.7% 2.3% Novell, Inc. Unaudited Non-GAAP Adjusted Net Income (In thousands, except per share data) Fiscal Quarter Ended Fiscal Year-to-Date Apr 30, Apr 30, Apr 30, Apr 30, 2008 2007 2008 2007 GAAP net income (loss) $5,866 $(2,888) $22,671 $(22,833) Operating adjustments (detailed above) 13,909 20,401 30,585 42,847 Non-operating expenses (income) adjustments: Gain on sale of venture capital funds - - - (3,591) Gain on debenture repurchases (405) - (405) - Gain on long-term investments (250) - (250) (1,738) Sub-total (655) - (655) (5,329) Total pre-tax adjustments 13,254 20,401 29,930 37,518 Income tax adjustments 1,948 (2,638) 1,554 (341) Income (loss) from discontinued operations, net of taxes - 1,576 (2,121) 9,352 Total net adjustments 15,202 19,339 29,363 46,529 Non-GAAP net income and non-GAAP income from continuing operations $21,068 $16,451 $52,034 $23,696 GAAP net income (loss) per share $0.02 $(0.01) $0.06 $(0.07) Total adjustments detailed above 0.04 0.06 0.09 0.14 Non-GAAP net income per share and non-GAAP income from continuing operations per share $0.06 $0.05 $0.15 $0.07 GAAP weighted average shares 354,287 346,492 353,660 346,007 Change from basic to diluted weighted average shares - 2,091 - 1,971 Non-GAAP weighted average shares 354,287 348,583 353,660 347,978 Revisions were made to prior period amounts in order to conform to the current period's presentation.

Novell, Inc.

CONTACT: Press, Ian Bruce, +1-781-464-8034, ibruce@novell.com, or
Investor Relations, Susan Walker White, 1-800-317-3195, swhite@novell.com,
both of Novell, Inc.

Web site: http://www.novell.com/

DigitalFX International, Inc. Announces Filing of Form S-3 Shelf Registration Statement

LAS VEGAS, May 29 /PRNewswire-FirstCall/ -- DigitalFX International, Inc. (http://www.digitalfx.com/) , a streaming video and digital communications company, today announced that it had filed a Form S-3 shelf registration statement with the Securities and Exchange Commission on Friday, May 23, 2008. After the shelf registration statement has become effective, DigitalFX International may, from time-to-time, offer its common stock, preferred stock and debt securities up to an aggregate public offering price of up to $10,000,000. These securities may be offered, separately or together, in separate series, in amounts, at prices and on terms to be set forth in a filing with the Securities and Exchange Commission at the time of such offering.

The shelf registration statement is intended to provide DigitalFX International with flexibility to raise funds from the offering of its securities in one or more offerings, subject to market conditions and DigitalFX International's capital needs. The Company has no immediate plans to offer or sell any of its securities. The registration has not yet become effective.

Any offer to sell, or solicitation of an offer to buy securities, if and when such offer is made, will be pursuant to a prospectus supplement that will be issued in respect of any such offering. A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

About DigitalFX International, Inc.

DigitalFX International (http://www.digitalfx.com/) is a creator of web-based products such as streaming live and on-demand video, video email and digital storage that because of their extremely low cost for the first time brings the next generation Internet revolution to individuals through its http://www.helloworld.com/ site, and small and medium-sized businesses via its http://www.firststream.com/ site. The company also develops and markets proprietary communication and collaboration services, and social networking software applications, including its flagship product, called The Studio. The Studio is a cost-effective, all-in-one, web-based solution that allows users to send email and video email, group chat with video, conduct a private, public or pay-per-view live webcast, upload digital content, and post videos on demand in multiple media formats. For more information about DigitalFX, please visit us at http://www.digitalfx.com/.

To receive public information, including press releases, conference calls, SEC filings, profiles, investor kits, News Alerts and other pertinent information, please click on the following link: http://www.b2i.us/irpass.asp?BzID=1407&to=ea&s=0

FORWARD-LOOKING STATEMENTS

The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Examples of forward-looking statements include statements related to potential future offerings of our securities. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward looking statements if they comply with the requirements of the Act.

DigitalFX International, Inc.

CONTACT: Investor Relations, Mike Flanigan or Ted Tackaberry,
Communication Initiatives, +888-724-0208, IR@digitalfx.com, for DigitalFX
International; or Amy Black, President of DigitalFX International,
+1-702-938-9300

Web site: http://www.digitalfx.com/
http://www.helloworld.com/
http://www.firststream.com/

Green Bay Diocese Looks to Microsoft Dynamics NAV to Replace 15 Accounting SolutionsSt. Therese of the Little Flower chooses Microsoft Dynamics NAV with Serenic Navigator to provide accounting and communication services for 160 parishes in the Catholic diocese.

REDMOND, WA, May 29 /PRNewswire-FirstCall/ -- Microsoft Corp. today announced that St. Therese of the Little Flower Inc., which provides accounting and communication services to the Catholic diocese of Green Bay, Wis., has selected Microsoft Dynamics NAV and Serenic Navigator to centralize and standardize accounting for all 160 parishes and 62 schools in the diocese.

The Microsoft Dynamics NAV technology, embedded with Navigator, an application from Serenic Software Inc., will replace 15 types of software acquired independently by the parishes and schools. The previous software included Sage Accpac, Sage BusinessWorks, Sage MAS 90, Peachtree by Sage, CAD Shareware, CheckMark MultiLedger, Intuit QuickBooks and Quicken.

Microsoft Dynamics NAV is a business management solution for small and midsize organizations. It helps simplify and streamline highly specialized business processes, providing industry-specific functionality relevant to the local needs of regional operations. Serenic Navigator, a Microsoft Dynamics NAV-embedded solution, builds upon the Microsoft solution to provide critical functionality such as fund accounting and management of organizational budgets to nonprofit organizations such as the diocese.

Diocesan, parish and school leaders selected Microsoft Dynamics NAV and Serenic Navigator after reviewing 40 industry-specific software solutions.

"We needed to standardize our accounting for all diocesan parishes and schools," said Paula Nault, financial systems consultant for St. Therese of the Little Flower. "The solution had to be scalable to serve diverse needs while providing a standard chart of accounts structure and standard reporting capabilities. Microsoft Dynamics NAV and Serenic Navigator provide those capabilities at a price we can afford."

Together with Serenic Navigator, Microsoft Dynamics NAV software will ease communications challenges the diocese had been experiencing and help it overcome the problems of compiling multiple reports from parishes and schools with different accounting capacities. Moreover, pastors and other leaders are now taking on more parishes and schools and need a common accounting system to manage them. In addition, access to technological expertise may not be readily available in many parishes.

To resolve these issues, St. Therese will deliver its Microsoft Dynamics NAV with Serenic Navigator accounting capabilities through the Web, so that all parishes will communicate via the Internet, with a common database accessible online.

To implement the solution, St. Therese is working with Microsoft Gold Certified Partner eSoftware Professionals (eSP), headquartered in Portland, Ore. eSP will implement the solution and activate a complete range of accounting functions, including general ledger, accounts payable and receivable, purchase orders, bank reconciliation, budgeting, direct deposit, cash management, allocations and fixed assets, to be used by all parishes. The Microsoft Dynamics NAV and Serenic Navigator solution will be configured according to accounting needs so that each parish and its school will have access only to the functions it needs and wants.

St. Therese of the Little Flower and the Catholic diocese of Green Bay look forward to a number of anticipated benefits that the solution will provide:

- Better time allocation. With an automated, integrated and standardized accounting system for the parishes and schools, more time can be devoted to the vital ministries of the church. Microsoft Dynamics NAV with Serenic Navigator will make the administrative side of the pastors' and other leaders' work more manageable. More timely and accurate reports will be available to church leadership, finance councils, parishioners and parents of school students. The integrated database allows information to become more accessible to the diocese to save time in gathering data. - Cost savings. The diocese's parishes and schools expect to be able to reduce redundancies, save money on maintenance and no longer develop expensive work-around solutions that were needed with its 15 software solutions. In addition, parishes and schools will avoid the potentially catastrophic expense of losing data after a physical server problem. All the data now will be backed up in a Web-hosted environment from the integrated database. By implementing a single hosted solution, the diocese expects to eliminate the costs involved in backup management, software updates and additional IT infrastructure at the parish level. - More reliable access to more complete information. St. Therese expects to be able to provide access to advanced technology solutions that individual parishes may not have been able to afford on their own, and expects that more information will be available in real time. In addition, by standardizing the chart of accounts and providing template report formats for the parishes and schools, St. Therese expects to provide stronger reporting to finance councils, boards of education and the diocese. - Time savings. Instead of needing to prepare consolidated reports manually, the diocese will benefit from the Microsoft Dynamics solution's enterprise reporting capabilities. These are expected to significantly reduce the time needed to communicate financial information from the parish, as well as from school leadership. - More accurate data. Previously, parishes and schools produced reports for the diocese by printing their data and then manually completing paper forms or by completing online data questionnaires. Now, with its import and export capabilities, Microsoft Dynamics NAV with Serenic Navigator expects to eliminate duplication of data entry and the inherent entry errors that can occur. - Better planning. The parishes and schools will be able to allocate their funds more effectively throughout the year with the cash flow reports and budgeting tools provided by the solution. Now they have the tools to determine, for example, if dollars will be available to fund a youth ministry program, based on forecasts.

"Much like any other business, the day-to-day operation of a parish has grown in complexity over the years," said Deacon Tim Reilly, director of administration for the diocese. "Through the collaboration of our parish, school and diocesan leaders, we are adopting solutions such as Microsoft Dynamics NAV with Serenic Navigator to help us streamline important business functions and use technology to our advantage."

St. Therese expects the combination of Microsoft Dynamics NAV technology and Serenic Navigator functionality to enable parish and school staff and volunteers alike to spend more time on their most important efforts.

"For organizations that have a large number of operating centers, as does the Catholic diocese of Green Bay, Microsoft Dynamics products can unify their data to support fast, accurate and insightful decision-making," said Michael Park, corporate vice president for Microsoft's U.S. Dynamics business. "Microsoft Dynamics helps organizations plan their futures and advance their missions by furnishing a clear and consistent view of information across the enterprise."

About St. Therese of the Little Flower

St. Therese of the Little Flower, Inc. provides accounting and communications services for the Catholic Diocese of Green Bay, Wisconsin, its agencies and parishes. The diocese is composed of 350,000 Catholics who carry out the mission of its 160 parishes and 62 schools. The diocese employs 180, while its parishes and schools employee approximately 3,000 in its 16-county area.

About eSoftware Professionals

eSoftware Professionals, of Portland, Oregon, knows that understanding the business environment is the key to making smart technology choices. It offers Microsoft Dynamics NAV software solutions for a wide array of businesses and organizations. For more than a decade, eSP has tailored information technology systems to its clients' needs. Thousands of small, medium and large companies have improved workflow, enhanced customer satisfaction and increased cash flow by consulting with eSP.

About Serenic Software

Serenic Software is a global provider of financial and operational software solutions for nonprofits and the public sector. Built on Microsoft Dynamics NAV, Serenic's products deliver fully integrated solutions that can, in many organizations, eliminate the need for multiple third-party business applications.

A Microsoft Gold-certified Industry Solutions Vendor, Serenic's products include the highly acclaimed Serenic Navigator, Serenic DonorVision, Serenic AwardVision, Serenic CommunityCare and Serenic MinistryView. In addition, Serenic is the exclusive developer of the human resources and payroll products for Microsoft Dynamics NAV users in North America.

Serenic was recently named the Microsoft Dynamics 2007 Outstanding ISV of the Year and earned membership in the Microsoft Dynamics Inner Circle and the Microsoft Dynamics President's Club, both prestigious achievements that acknowledge Serenic as a top performer within the Microsoft partner community.

Serenic Corporation is a public company with offices in Edmonton, Alberta, and Lakewood, Colorado. It trades under the symbol "SER" on the TSX Venture Exchange in Canada. Additional information about the Company is available at http://www.serenic.com/.

About Microsoft Dynamics

Microsoft Dynamics is a line of financial, customer-relationship and supply-chain management solutions that helps businesses work more effectively. Delivered through a network of channel partners providing specialized services, these integrated, adaptable business- management solutions work like and with familiar Microsoft software to streamline processes across an entire business.

About Microsoft

Founded in 1975, Microsoft (Nasdaq "MSFT") is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

Note to editors: If you are interested in viewing additional information on Microsoft, please visit the Microsoft Web page at http://www.microsoft.com/presspass on Microsoft's corporate information pages. Web links, telephone numbers and titles were correct at time of publication, but may since have changed. For additional assistance, journalists and analysts may contact Microsoft's Rapid Response Team or other appropriate contacts listed at http://www.microsoft.com/presspass/contactpr.mspx.

Serenic Corporation

CONTACT: press only: Liz Pandzich, Airfoil Public Relations, (248)
304-1444, pandzich@airfoilpr.com

Williams to Host Analyst Meeting in New York City

TULSA, Okla., May 29 /PRNewswire-FirstCall/ -- Williams announced today it will host an analyst meeting in New York City on Wednesday, June 25.

During the meeting, the company's senior management will present highlights and an overview of Williams and the master limited partnerships Williams Partners L.P. and Williams Pipeline Partners L.P. .

The meeting will focus on Williams from 8:30 a.m. to 12:45 p.m. EDT. The MLP session is scheduled from 1:30 to 3:30 p.m. EDT.

Both sessions will be broadcast live via webcast. Participants are encouraged to access the webcast at http://www.williams.com/, http://www.williamslp.com/ or http://www.williamspipelinepartners.com/. Slides will be available the morning of June 25 on all three web sites for viewing, downloading and printing.

A limited number of phone lines also will be available at (877) 810-7934. International callers should dial (706) 902-3248.

A replay of the analyst meeting webcast will be available for two weeks following the event at the web sites listed above.

About Williams

Williams, through its subsidiaries, finds, produces, gathers, processes and transports natural gas. Williams' operations are concentrated in the Pacific Northwest, Rocky Mountains, Gulf Coast, and Eastern Seaboard. More information is available at http://www.williams.com. Go to http://www.b2i.us/irpass.asp?BzID=630&to=ea&s=0 to join our e-mail list.

About Williams Partners L.P.

Williams Partners L.P. is a publicly traded master limited partnership that owns natural gas gathering, transportation, processing and treating assets serving regions where producers require large scale and highly reliable services, including the Gulf of Mexico, the San Juan Basin in New Mexico and Colorado, and the Washakie Basin in Wyoming. The partnership also serves the natural gas liquids (NGL) market through its NGL fractionating and storage assets. The general partner is Williams Partners GP LLC. More information about the partnership is available at http://www.williamslp.com. Go to http://www.b2i.us/irpass.asp?BzID=1296&to=ea&s=0 to join our e-mail list.

About Williams Pipeline Partners L.P.

Williams Pipeline Partners is a publicly traded master limited partnership that owns and operates natural gas transportation and storage assets. The general partner of Williams Pipeline Partners is Williams Pipeline GP LLC, which is a wholly owned subsidiary of Williams . For more information, please visit http://www.williamspipelinepartners.com/. Go to http://www.b2i.us/irpass.asp?BzID=1589&to=ea&s=0 to join our e-mail list.

Contact: Jeff Pounds Williams (media relations) (918) 573-3332 Richard George Williams (investor relations) (918) 573-3679 Sharna Reingold Williams (investor relations) (918) 573-2078

Portions of this document may constitute "forward-looking statements" as defined by federal law. Although the company believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. Any such statements are made in reliance on the "safe harbor" protections provided under the Private Securities Reform Act of 1995. Additional information about issues that could lead to material changes in performance is contained in the company's annual reports filed with the Securities and Exchange Commission.

Williams

CONTACT: media relations, Jeff Pounds, +1-918-573-3332, or investor
relations, Richard George, +1-918-573-3679, or Sharna Reingold,
+1-918-573-2078, all of Williams

Web site: http://www.williams.com/
http://www.williamslp.com/
http://www.williamspipelinepartners.com/

CenturyTel Declares Quarterly Cash Dividend

MONROE, La., May 29 /PRNewswire-FirstCall/ -- CenturyTel, Inc. today announced that its Board of Directors voted to declare a quarterly cash dividend of $.0675 per share, payable on June 24, 2008, to shareholders of record on June 11, 2008.

CenturyTel is a leading provider of communications, high-speed Internet and entertainment services in small-to-mid-size cities through our broadband and fiber transport networks. Included in the S&P 500 Index, CenturyTel delivers advanced communications with a personal touch to customers in 25 states. Visit us at http://www.centurytel.com/.

CenturyTel, Inc.

CONTACT: Tony Davis of CenturyTel, Inc., +1-318-388-9525,
tony.davis@centurytel.com

Web site: http://www.centurytel.com/

Stinger Systems Band-It Prisoner Restraint Product Sales Surpass 2007 Total Band-It Sales

TAMPA, Fla., May 29 /PRNewswire-FirstCall/ -- Stinger Systems, Inc. (BULLETIN BOARD: STIY) , a leader in electro-stun technology today announced that orders for its Band-It prisoner restraint systems thus far in 2008 are almost double all of 2007 sales. The Band-It(TM) is a remotely activated stun cuff that is placed on a prisoner's leg or arm. If an individual flees, a law enforcement official can remotely activate the cuff to stun the prisoner to help prevent them from fleeing or committing a violent action. Recent new purchases or add on purchases include the U.S. Marshals, the U.S. Federal Bureau of Prisons and the Miami-Dade Correctional Facility.

ABOUT STINGER SYSTEMS

Stinger Systems, Inc., a leading provider of electro stun technologies, develops and sells a broad array of products utilizing advanced electro sparc-pulsed technology to police, corrections, and security sectors worldwide. http://www.stingersystems.com/ .

FORWARD-LOOKING STATEMENTS

This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements are based on Stinger Systems' current intent, belief and expectations. These statements are not guarantees of future performance and are subject to certain risks and uncertainties that are difficult to predict. Actual results may differ materially from these forward-looking statements because of the risks described in Stinger Systems' filings with the Securities and Exchange Commission. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of today's date. Stinger Systems undertakes no obligation to update or revise the information contained in this announcement whether as a result of new information, future events or circumstances, or otherwise.

Stinger Systems, Inc.

CONTACT: Robert Gruder, Chairman and President of Stinger Systems, Inc.,
+1-866-788-6746, info@stingersystems.com

Web site: http://www.stingersystems.com/

China Finance Online Reports Unaudited First Quarter 2008 Results

- Continued Strong Results Despite Significant Decline in Chinese Stock Market - Net Revenues and Non-GAAP Net Income Exceeding Guidance - Net Revenues up 24% Q-o-Q, 177% Y-o-Y - Non-GAAP Net Income up 62% Q-o-Q, 403% Y-o-Y - Net Income of $3.51 million, compared to a loss in Q4 2007 and up 353% Y-o-Y

BEIJING, May 29 /Xinhua-PRNewswire/ -- China Finance Online Co. Limited , a leading Chinese online financial information and listed company data provider, today announced its financial results for the first quarter ended March 31, 2008:

Q1 2008 Highlights First Quarter 2008 2007 '08 O/(U) '07 % 1) Financial Data: (in thousands of U.S. dollars, except per ADS data) Net revenues $11,055 $3,996 $7,059 177% GAAP net income 3,509 775 2,734 353% Non-GAAP net income 5,875 1,168 4,707 403% GAAP net income per ADS Basic $0.18 $0.04 $0.14 350% Diluted $0.15 $0.04 $0.11 275% Non-GAAP net income per ADS Basic $0.30 $0.06 $0.24 400% Diluted $0.26 $0.06 $0.20 333% 2) Operating Data: Registered users 9,800,000 6,570,000 3,320,000 49% Active paid individual subscribers 75,300 31,700 43,600 138% * In the first quarter of 2008, Chinese stock market experienced the most significant quarterly decline in the past 15 years, with Shanghai Stock Exchange Composite Index down additional 34% following a 14% decline in Q4 2007 from its peak. Despite the sharp decline in the stock market and the sizable seasonality impact of the Chinese New Year in February, the Company's core subscription service business still achieved solid growth. * As a result, net revenues reached $11.06 million for Q1 2008, exceeding the high end of the Company's previously updated guidance of $10.50 to $10.80 million, up 177% year-over-year and 24% quarter-over-quarter. * Non-GAAP net income, which is defined as net income excluding stock- based compensation expenses and investment gain/impairment, was $5.88 million for Q1 2008, exceeding the high end of the Company's previously raised guidance of $4.5 to $5.0 million, up 403% year-over-year and 62% quarter-over-quarter. Non-GAAP basic and diluted net income per share were $0.06 and $0.05, respectively, and non-GAAP basic and diluted net income per ADS were $0.30 and $0.26 for Q1 2008, respectively. * GAAP net income was $3.51 million for Q1 2008, up 353% compared to $775,000 for the first quarter of 2007. Basic and diluted GAAP net income per share were $0.04 and $0.03, respectively. Basic and diluted GAAP net income per ADS were $0.18 and $0.15 for Q1 2008, respectively. * Registered user accounts of jrj.com and stockstar.com grew to 9.80 million, an increase of 800,000 from the previous quarter. Active paid individual subscribers, which refer to individual investors who subscribe for a fee to our products through downloading, via web or by mobile phones, grew to 75,300 up 34% from the previous quarter. As of March 31, 2008, our Hong Kong brokerage operation Daily Growth, which was acquired in November, 2007, had approximately 1,000 customer accounts.

Explanation of the Company's non-GAAP financial measures and the related reconciliations to GAAP financial measures are included in the accompanying "Reconciliation to Unaudited Condensed Consolidated Statements of Operations", "Non-GAAP Measures" and "Reconciliations from operating profit to EBITDA and adjusted EBITDA".

Q1 2008 Financial Results Net Revenues:

During the first quarter of 2008, China Finance Online reported net revenues of $11.06 million, exceeding the high end of the Company's previously updated guidance of $10.50 to $10.80 million, compared to $4.0 million for the same period in 2007, and $8.88 million for the fourth quarter of 2007, up 177% year-over-year and 24% quarter-over-quarter. The increase is primarily due to the growth in subscription service fees from individual customers. Revenues from subscription service fees paid by individual customers were $9.62 million in the first quarter of 2008, representing 87% of net revenues for the quarter. Revenues from mobile value added services were $310,000, representing 3% of net revenues for the quarter. Revenues from subscription service fees paid by institutional customers were $231,000 in the first quarter of 2008, approximately 2% of net revenues for the quarter. Revenues from advertising- related business for the quarter contributed $585,000, representing 6% of net revenues for the quarter. Revenues from brokerage-related services, provided by Daily Growth, the Hong Kong securities brokerage firm which was acquired in November 2007, were $153,000 in the first quarter of 2008, representing 1% of net revenue for the quarter. Other revenues were $158,000, representing 1% of net revenues for the quarter.

Revenues breakdown is summarized in the following table: Three months ended March 31, December 31, March 31, 2008 2007 2007 (In thousands of U.S. dollars) 1) Subscription service fees paid by individual customers 9,618 87% 7,759 87% 3,202 80% 2) Revenues from mobile value added services 310 3% 384 4% 299 8% 3) Subscription service fees paid by institutional customers 231 2% 229 3% 192 5% 4) Revenues from advertising- related business 585 6% 408 5% 247 6% 5) Revenues from brokerage- related services 153 1% 81 1% n/a n/a 6) Revenues from others 158 1% 21 <1% 56 1% Total net revenues 11,055 100% 8,882 100% 3,996 100% Gross Profit:

Gross profit for the quarter was $9.34 million, compared to $3.16 million for the same period in 2007 and $7.56 million for the fourth quarter of 2007. Gross margin was 84% in the first quarter, compared to 79% in the same period of 2007 and 85% in the fourth quarter of 2007. The year-over-year gross margin improvement was primarily due to cost leverage on increased sales and the modest sequential gross margin decline was driven by product mix change during the quarter.

Cost of revenue consists of bandwidth costs, personnel-related expenses, server depreciation expenses, and content expenses for our jrj.com and stockstar.com websites. Website maintenance and development expenses for the first quarter of 2008 was $1.04 million in the quarter, compared to $525,000 from the first quarter of 2007 and $903,000 for the previous quarter. As a percentage of net revenue, website maintenance and development expenses for the first quarter of 2008 was 9% in the quarter, compared to 13% for the first quarter of 2007 and 10% for the previous quarter. Since advertising-related services, which represent 6% of net revenues of the first quarter of 2008, are not a sizable business of the Company, website maintenance and development expenses do not have direct correlation with net revenues recognized in the first quarter of 2008.

Operating Expenses:

Operating expenses for the first quarter of 2008 totalled $7.36 million compared to $2.79 million for the same period in 2007 and $5.93 million from the previous quarter. The increase from Q4 2007 is primarily due to the increased stock-based compensation expenses. Excluding stock-based compensation of $2.37 million, operating expenses was $5.0 million for the first quarter of 2008, compared to $2.41 million for the first quarter of 2007 and $5.05 million for the fourth quarter of 2007. As a percentage of net revenue for the quarter, operating expenses excluding stock-based compensation was 45%, compared to 60% for the first quarter of 2007 and 57% for the fourth quarter of 2007.

* General and administrative expenses for the quarter were $3.92 million, compared to $1.20 million for the same period in 2007 and $2.63 million from the previous quarter. The increase from the previous quarter is primarily due to the increase in stock-based compensation expenses, most of which was due to increased compensation expenses related to the performance-based restricted stock awards granted in the third quarter of 2007. Excluding stock-based compensation of $2.28 million, general and administrative expenses was $1.64 million for the first quarter, compared to $869,000 in the first quarter of 2007 and $1.83 million in the previous quarter. As a percentage of net revenue in the quarter, general and administrative expenses excluding stock-based compensation for the first quarter was 15%, and decreased from 22% for the first quarter of 2007 and 21% for the fourth quarter of 2007. * Sales and marketing expenses for the first quarter were $2.45 million, compared to $1.25 million for the same period in 2007 and $2.43 million from the previous quarter. Excluding stock-based compensation of $67,000, sales and marketing expenses was $2.38 million for the first quarter, compared to $1.22 million in the first quarter of 2007 and $2.38 million in the previous quarter. As a percentage of net revenue in the quarter, sales and marketing expenses excluding stock-based compensation for the first quarter was 22%, and decreased from 31% for the first quarter of 2007 and 27% for the fourth quarter of 2007. * Product development expenses for the first quarter were $995,000, compared to $347,000 for the same period in 2007 and $865,000 from the previous quarter, which were primarily due to the increases in employee compensation as a result of increased headcounts and server depreciation expenses. Excluding stock-based compensation of $23,000, product development expenses were $972,000, compared to $321,000 in the first quarter of 2007 and $832,000 in the previous quarter. As a percentage of net revenue in the quarter, product development expenses excluding stock-based compensation for the first quarter was 9%, increased from 8% in the first quarter of 2007 and relatively flat from previous quarter. Income from Operations:

Income from operations for the first quarter of 2008 was $1.97 million, compared to $374,000 for the same quarter in 2007 and $1.77 million for the fourth quarter of 2007. Adjusted income from operations (non-GAAP), which is defined as income from operations excluding stock-based compensation expenses of $2.37 million, was $4.34 million for the quarter, compared to $767,000 for the same quarter in 2007 and $2.64 million for the fourth quarter of 2007.

Net Income and Non-GAAP Net Income:

Net income was $3.51 million, compared to net income of $775,000 for the first quarter of 2007 and net loss of $8.37 million for the fourth quarter of 2007. Net income margin was 32% for Q1 2008, compared to 19% for the same period in 2007 and -94% for the fourth quarter of 2007.

Total income tax benefit for the quarter was $64,000, compared to $85,000 for the same period in 2007 and $398,000 for the previous quarter.

Non-GAAP net income, which is defined as net income excluding stock-based compensation expenses and the investment gain/impairment, was $5.88 million for the first quarter of 2008, compared to $1.17 million for the first quarter of 2007, and $3.63 million for the fourth quarter of 2007. Excluding stock- based compensation expenses, non-GAAP net income margin for the first quarter of 2008 was 53%, compared to non-GAAP net income margin of 29% for the same period in 2007 and 41% for the fourth quarter of 2007.

As part of the net income for the first quarter, the Company recorded a net foreign exchange gain of $870,000, compared with $62,000 from the first quarter of 2007 and $220,000 from previous quarter.

Deferred Revenue:

Deferred revenue at the end of the first quarter of 2008, which represents prepaid service fees made by customers for subscription services that have not been rendered as of March 31, 2008, reached the Company's historical high of $29.93 million, with current deferred revenue of $24.93 million and non- current deferred revenue of $5.0 million.

Cash and Cash Equivalents:

Balance of cash and cash equivalents was approximately $82.40 million at the end of the first quarter of 2008, including cash denominated in RMB with an equivalent to $61.67 million and cash denominated in other foreign currencies with an equivalent to $20.73 million.

Cash Flow:

Cash inflow from subscription services provided to individual customers was $15.04 million, compared to $13.73 million for the previous quarter and $7.2 million for the first quarter of 2007. Free cash flows for the first quarter of 2008 were $6.18 million.

Adjusted EBITDA (Non-GAAP):

Adjusted EBITDA (non-GAAP), which is defined as earnings before interest, taxes, depreciation, amortization, other non-operating income and stock-based compensation expenses, was $4.77 million for the first quarter of 2008, compared to $944,000 in the first quarter of 2007 and $2.96 million in previous quarter.

Other Operating Metrics

As of March 31, 2008, the Company has 9.80 million registered user accounts on its two websites jrj.com and stockstar.com, compared to 9.0 million in the previous quarter, an increase of 800,000 quarter-on-quarter.

Active paid individual subscribers, which refer to individual investors who subscribe for a fee to our products grew to 75,300 at the end of the first quarter 2008, up 34% from 56,200 in the previous quarter.

As of March 31, 2008, our Hong Kong based brokerage service Daily Growth, which was acquired in November 2007, had approximately 1,000 customer accounts.

Outlook for Second Quarter 2008 and Full Year of 2008

The Company currently expects to generate net revenues in an amount ranging from $13.0 million to $13.50 million for the second quarter of 2008, representing a 127% to 136% increase from the corresponding period in 2007.

On a non-GAAP basis, the Company estimates adjusted earnings, which represents net income excluding share-based compensation expenses, will be between $5.5 million and $6.0 million for the second quarter of 2008, representing a 155% to 178% increase from the corresponding period in 2007. Accordingly, non-GAAP earnings per ADS for the second quarter of 2008 is expected to be in the range of $0.24 to $0.26 per ADS based on an estimated 23.0 million fully diluted ADSs.

We update our 2008 revenue guidance to a range from $56.0 million to $61.0 million, compared to the previous guidance of $54.0 million to $61.0 million. Accordingly, the Company also updates its projected adjusted earnings for 2008 to a range of $24.0 million to $29.0 million, or $1.09 to $1.26 per ADS, from the previous range of $24.0 million to $29.0 million, or $1.04 to $1.26 per ADS. The earnings per ADS projection is based on an estimated 23.0 million fully diluted ADSs.

The above forecast reflects the Company's current and preliminary view, which is subject to change. A number of important factors including, but not limited to, fluctuation in the Chinese stock market, could cause the actual results to differ materially from those contained in the above guidance.

Conference Call

China Finance Online's management team will host a conference call at 9:00PM Eastern Time on May 29, 2008 (or 9:00AM May 30, 2008 in the Beijing/HK time zone) to discuss detailed operating results.

The conference call will be available on Webcast live and replay at: http://phx.corporate-ir.net/playerlink.zhtml?c=183451&s=wm&e=1852679. The call will be archived for 12 months at this website.

The dial-in details for the live conference call: U.S Toll Free Number +1- 877-847-0047, Hong Kong Dial In Number +852-3006-8101, and France Toll Free Number 0800-910-584, Password for all regions: 4400

A replay of the conference call will be available from approximately 10:00PM Eastern Time on May 29, 2008 (or 10:00AM May 30, 2008 in the Beijing/HK time zone) to 10:00PM Eastern Time on June 05, 2008 (or 10:00AM June 06, 2008 in the Beijing/HK time zone). The dial-in details for the replay: U.S. Toll Free Number +1-877-847-0047, Hong Kong Dial In Number +852-3006-8101, and France Toll Free Number 0800-910-584, Access code for all regions: 037820.

About China Finance Online Co. Limited

China Finance Online Co. Limited is the market leader in providing online financial and listed company data, information and analytics in China. Through its websites, http://www.jrj.com/ and http://www.stockstar.com/ , the company provides individual users with subscription-based service packages that integrate financial and listed company data, information and analytics from multiple sources with features and functions such as data and information search, retrieval, delivery, storage and analysis. These features and functions are delivered through proprietary software available by download, through internet or through mobile handsets. Through its subsidiary, Shenzhen Genius Information Technology Co. Ltd, the company provides financial information database and analytics to institutional customers including domestic securities and investment firms. Through its subsidiary, Daily Growth Investment Company Limited, the company provides securities brokerage services for stocks listed on Hong Kong Stock Exchange.

Safe Harbor Statements

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995.

Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates and projections, and therefore you should not place undue reliance on them. Forward-looking statements involve inherent risks and uncertainties. We caution you that a number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Potential risks and uncertainties include, but not limited to, our historical and possible future losses, limited operating history, uncertain regulatory landscape in the People's Republic of China, fluctuations in quarterly operating results, our ability to successfully compete against new and existing competitors, our reliance on relationships with Chinese stock exchanges and raw data providers, changes in accounting policies, our ability to successful acquire and integrate businesses and the impact of our investments on our financial results. Further information regarding these and other risks is included in China Finance Online's annual report on Form 20-F for the year ended December 31, 2006, and other filings with the Securities and Exchange Commission. China Finance Online does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Non-GAAP Measures

To supplement the unaudited condensed consolidated financial information presented in accordance with Accounting Principles Generally Accepted in the United States of America ("GAAP"), the Company uses non-GAAP measures of income from operations, net income, net income per share, net income per ADS, and EBITDA, which are adjusted from results based on GAAP to exclude impairment in a cost method investment and the compensation cost of share- based awards granted to employees primarily due to the adoption of SFAS 123R, which became effective on January 1, 2006. The non-GAAP financial measures are provided to enhance the investors' overall understanding of the Company's current and past financial performance in on-going core operations as well as prospects for the future. These measures should be considered in addition to results prepared and presented in accordance with GAAP, but should not be considered a substitute for or superior to GAAP results. Management uses both GAAP and non-GAAP information in evaluating and operating business internally and therefore deems it important to provide all of this information to investors.

Reconciliations of the Company's non-GAAP financial measures to unaudited Condensed Consolidated Statements of Operations are set fourth after the "Condensed Consolidated Statements of Operations" included in this release.

China Finance Online Co. Limited UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands of U.S. dollars) Mar 31, Dec 31, 2008 2007 Assets Current assets: RMB account $61,674 $51,129 Foreign currency account 20,725 23,600 Cash and cash equivalents 82,399 74,729 Trust bank balances held on behalf of customers 3,199 2,850 Advance to employees 1,288 1,673 Accounts receivable, net 1,739 1,491 Prepaid expenses and other current assets 4,602 2,947 Deferred tax assets, current 624 1,130 Total current assets 93,851 84,820 Cost method investment 1,480 1,480 Property and equipment, net 6,410 5,455 Acquired intangible assets, net 1,935 1,938 Rental deposits 547 500 Goodwill 10,010 9,652 Deferred tax assets, non-current 465 14 Other deposits 26 25 Total assets $114,724 $103,884 Liabilities and shareholders' equity Current liabilities: Deferred revenue, current $24,925 $20,457 Accrued expenses and other current liabilities 5,869 6,951 Amount due to customers for trust bank balances held on behalf of customers 3,199 2,850 Accounts payable 887 764 Deferred tax liability, current -- -- Income taxes payable 81 12 Total current liabilities $34,961 $31,034 Deferred tax liability, non-current 185 352 Deferred revenue, non-current 5,006 4,665 Total liabilities $40,152 $36,051 Minority interests 217 471 Total shareholders' equity $74,355 $67,362 Total liabilities and shareholders' equity $114,724 $103,884 China Finance Online Co. Limited CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands of U.S. dollars, except per share data) Three months ended Mar 31, Mar 31, Dec 31, 2008 2007 2007 Net revenues $11,055 $3,996 $8,882 Cost of revenues (includes share-based compensation expenses of $0,$16 and $0 respectively) (1,717) (833) (1,323) Gross profit 9,338 3,163 7,559 Operating expenses General and administrative (includes share-based compensation expenses of $2,276, $326 and $797 respectively) (3,917) (1,195) (2,631) Sales and marketing (includes share-based compensation expenses of $67,$25 and $45 respectively) (2,452) (1,247) (2,430) Product development (includes share-based compensation expenses of $23,$26 and $33 respectively) (995) (347) (865) Total operating expenses (7,364) (2,789) (5,926) Subsidy Income -- -- 136 Income from operations 1,974 374 1,769 Interest income 344 254 355 Other income, net 2 -- 1 Exchange gain, net 870 62 220 Income before income tax benefit 3,190 690 2,345 Income tax benefit 64 85 398 Purchased pre-acquisition earning 227 -- -- Minority interests in net income of consolidated subsidiary 28 -- 15 Loss from impairment of cost method investment -- -- (11,127) Net income(loss) $3,509 $775 ($8,369) Income(loss) attributable to ordinary shareholders $3,509 $775 ($8,369) Income(loss) per share Basic $0.04 $0.01 ($0.09) Diluted $0.03 $0.01 ($0.09) Income(loss) per ADS Basic $0.18 $0.04 ($0.43) Diluted $0.15 $0.04 ($0.43) Weighted average ordinary shares Basic 98,646,281 94,950,703 98,191,578 Diluted 113,735,492 102,074,032 98,191,578 Weighted average ADSs Basic 19,729,256 18,990,141 19,638,316 Diluted 22,747,098 20,414,806 19,638,316 China Finance Online Co. Limited UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (in thousands of U.S. dollars) Three months ended Mar 31, Mar 31, Dec 31, 2008 2007 2007 Cash flows from operating activities: Net income (loss) $3,509 $775 $(8,369) Adjustments to reconcile net income (loss) to net cash provided by operating activities: Stock-based compensation 2,366 394 875 Depreciation and amortization 425 177 316 Deferred taxes (77) (85) (349) Loss on disposal of property and equipment -- 51 23 Loss from impairment of cost method investment -- -- 11,127 Minority interest (28) -- (15) Purchased pre-acquisition earning (227) -- -- Changes in assets and liabilities: Accounts receivable (199) (326) 667 Prepaid expenses and other current assets (1,456) (798) (420) Advance to employees 443 -- (233) Trust bank balances held on behalf of customers (342) -- (465) Rental deposits (36) 4 (380) Deferred revenue 3,717 4,400 5,660 Accounts payable (285) -- (98) Amount due to customers for trust bank balances held on behalf of customers 342 -- 465 Accrued expenses and other current liabilities (1,268) 124 2,114 Income taxes payable 67 -- (43) Net cash provided by operating activities 6,951 4,716 10,875 Cash flows from investing activities: Acquisition of businesses -- -- (994) Purchase of property and equipment (771) (735) (1,567) Proceeds from disposal of fixed assets -- -- 2 Net cash used in investing activities (771) (735) (2,559) Cash flows from financing activities: Proceeds from stock options exercised by employees 121 41 876 Proceeds from exercise of options granted to non-employee -- 192 261 Net cash provided by financing activities 121 233 1,137 Effect of exchange rate changes 1,368 330 1,194 Net increase in cash and cash equivalents 7,669 4,544 10,647 Cash and cash equivalents, beginning of quarter 74,729 44,956 64,082 Cash and cash equivalents, end of quarter 82,398 49,500 74,729 China Finance Online Co. Limited RECONCILIATIONS OF NON-GAAP MEASURES TO UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS (U.S. Dollar in thousands, except per share data) Three months ended Mar 31, 2008 Reported Adjusted US GAAP Adjustment Non-GAAP Net revenues $11,055 $11,055 Cost of revenues (1,717) (1,717) Gross profit 9,338 9,338 Operating expenses General and administrative (3,917) $2,276 (a) (1,641) Sales and marketing (2,452) 67 (a) (2,385) Product development (995) 23 (a) (972) Total operating expenses (7,364) 2,366 (4,998) Income from operations 1,974 2,366 4,340 Interest income 344 344 Other income, net 2 2 Exchange gain, net 870 870 Income before income tax benefit 3,190 2,366 5,556 Income tax benefit 64 64 Purchased pre-acquisition earning 227 227 Minority interests in net income of consolidated subsidiary 28 28 Net income $3,509 $2,366 $5,875 Net income per share Basic $0.04 $0.02 $0.06 Diluted $0.03 $0.02 $0.05 Net income per ADS Basic $0.18 $0.12 $0.30 Diluted $0.15 $0.11 $0.26 Weighted average ordinary shares Basic 98,646,281 98,646,281 Diluted 113,735,492 113,735,492 Weighed average ADSs Basic 19,729,256 19,729,256 Diluted 22,747,098 22,747,098 (a) Exclude share-based compensation expense of $2,366. Non-GAAP Measures Three months ended Three months ended Mar 31, 2008 Mar 31, 2007 (U.S. Dollar in thousands) (U.S. Dollar in thousands) GAAP Adjust- Non-GAAP GAAP Adjust- Non-GAAP Result ment Results Result ment Results (a) (a) Income from operations 1,974 2,366 4,340 374 393 767 Three months ended Three months ended Mar 31, 2008 Mar 31, 2007 (U.S. Dollar in thousands) (U.S. Dollar in thousands) GAAP Adjust- Non-GAAP GAAP Adjust- Non-GAAP Result ment Results Result ment Results (a) (a) Net income (loss) 3,509 2,366 5,875 775 393 1,168 Three months ended Dec 31, 2007 (U.S. Dollar in thousands) GAAP Result Adjustment Non-GAAP Results (a) Income from operations 1,769 875 2,644 Three months ended Dec 31, 2007 (U.S. Dollar in thousands) GAAP Result Adjustment Non-GAAP Results (a) (b) Net income (loss) (8,369) 875 11,127 3,633 (a) The adjustment is for share-based compensation expenses. (b) The adjustment is for investment impairment. Reconciliations from operating profit to EBITDA and adjusted EBITDA Three months ended Mar 31, 2008 Mar 31, 2007 Dec 31, 2007 (U.S. Dollar in thousands) Net income (loss) $3,509 $775 $(8,369) Less: Interest income 344 254 355 Income tax benefit 64 85 398 Other income 1,127 62 236 Add: Depreciation 347 102 241 Amortization of intangibles 78 75 75 EBITDA 2,399 551 (9,042) Add back: Loss from impairment of cost method investment -- -- 11,127 Share-based compensation 2,366 393 875 Adjusted EBITDA 4,765 944 2,960 For further information please contact: Investor Relations China Finance Online Co. Limited Tel: +86-10-5832-5288 Email: ir@jrj.com

China Finance Online Co. Limited

CONTACT: Investor Relations of China Finance Online Co. Limited at
+86-10-5832-5288 or ir@jrj.com

Web site: http://www.jrj.com/
http://www.stockstar.com/

Buzztime Forms New Customer Advisory BoardCommittee of bar and restaurant subscribers exchange ideas to maximize Buzztime's value proposition

CARLSBAD, Calif., May 29 /PRNewswire-FirstCall/ -- NTN Buzztime, Inc. , a multi-point social interactive entertainment company, today announced the development of its first Customer Advisory Board. The Buzztime Customer Advisory Board is comprised of diverse Buzztime customers, all of whom will meet quarterly to exchange ideas, opinions and best practices with Buzztime executives and each other.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080331/CLM183LOGO)

The first Buzztime Customer Advisory Board meeting was held on May 16, 2008 in conjunction with the National Restaurant Association tradeshow in Chicago, IL. Participants met with a cross-departmental team of Buzztime marketing, sales and content executives to provide their feedback on Buzztime's value proposition, marketing support, customer service and entertainment programming.

Buzztime also solicited feedback on its new digital signage product. Digital Signage enables restaurant operators to personalize Buzztime game screens to include their own messaging, brand images and advertisements. Subscribers were enthusiastic about the ability to promote their most profitable food and drinks while entertaining their customers with Buzztime games.

"In these challenging economic times, it is more critical than ever for Buzztime to maximize its value to our bar and restaurant customers," says Jake Tauber, EVP Content and Marketing of Buzztime. "By forming a Customer Advisory Board, we now have an "on-the-ground" focus group of hospitality professionals who are eager to share the realities of their business and to help us increase and optimize the benefits that Buzztime provides. We encourage advisory board members to share with us their successes, as well as their suggestions for improvement."

The Buzztime Customer Advisory Board will reconvene with a tele-conference third quarter and again later in the year at Buzztime's headquarters in Carlsbad, CA.

Played on televisions in each Buzztime subscriber location, the Buzztime(R) Network features original programming including, predictive sports games, multiple genres of trivia games and casino-style card games. An independent market research study conducted by Actionable Marketing Research shows that Buzztime players spend 47% more than non-players and stay 39% longer than non-players, providing bars and restaurants with more revenue opportunity from additional food and drink sales.

About NTN Buzztime, Inc.

NTN Buzztime, Inc., a leader in multi-point social interactive entertainment for more than 20 years, is based in Carlsbad, CA. Buzztime is distributed in-home and out-of-home across broadband platforms including, online, cable TV, satellite TV and in approximately 3,800 restaurants, sports bars and pubs throughout North America and the United Kingdom. Buzztime entertainment is also available on electronic games and in books. For more information, please visit http://www.buzztime.com/.

Buzztime is a proud member of the OVAB - Out-of-home Video Advertising Bureau.

Buzztime is a registered trademark of Buzztime Entertainment, Inc. Forward-looking Statements

This release contains forward-looking statements which reflect management's current views of future events and operations including but not limited to estimates of financial performance and cash flows, trends in subscriber preference and engagement and results of marketing strategies. These statements are based on current expectations and assumptions that are subject to risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include the risk of changing economic conditions, failure of product demand or market acceptance of both existing and new products and services and the impact of competitive products and pricing. Please see NTN Buzztime, Inc.'s recent filings with the Securities and Exchange Commission for information about these and other risks that may affect the Company. All forward-looking statements included in this release are based on information available to us on the date hereof. These statements speak only as of the date hereof, and NTN Buzztime, Inc. does not undertake to publicly update or revise any of its forward-looking statements, even if experience or future changes show that the indicated results or events will not be realized.

Buzztime Contact: Jake Tauber Executive Vice President, Content & Marketing NTN Buzztime, Inc. 760.930.5048 Press Contact: Sarah Znerold SZPR 760.943.2333 sarah@szpr.com

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080331/CLM183LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com NTN Buzztime, Inc.

CONTACT: Jake Tauber, Executive Vice President, Content & Marketing, of
NTN Buzztime, Inc., +1-760-930-5048; or Press, Sarah Znerold of SZPR,
+1-760-943-2333, sarah@szpr.com, for NTN Buzztime, Inc.

Web site: http://www.buzztime.com/

KIT digital Changes Ticker Symbol to KITD from RGRPCompletes implementation of corporate re-branding post acquisitions of Sputnik and Kamera

DUBAI, May 29 /PRNewswire-FirstCall/ -- ROO Group Inc. (BULLETIN BOARD: RGRP) announced that it has officially changed its name to KIT digital, Inc. effective May 19, 2008, pursuant to an amendment to its Certificate of Incorporation filed with the Delaware Secretary of State. In addition, the company has received a new stock ticker symbol from NASDAQ: 'KITD' (the old ticker was 'RGRP'). This stock ticker change will go into effect for the trading community on Thursday, May 29, 2008.

Kaleil Isaza Tuzman, chairman and CEO of KIT digital, commented, "The new stock ticker symbol represents the completion of the merger of three companies: ROO Group, Sputnik Agency and Kamera Content. Our new brand has already been in use commercially for nearly two months; it has been embraced by our customers and employees, and with today's announcement we are repositioning the brand in the eyes of investors."

Gavin Campion, president of KIT digital, continued, "The integration of our two recent acquisitions is proceeding well. We believe we are uniquely positioned to lead and consolidate the rapidly growing market internationally for corporate IP-based video enablement and video-centric marketing solutions. We remain on track to achieve our stated financial goal of cash flow break- even by the fourth quarter of 2008, with an end-of-year monthly revenue target of US$2.5+ million (viz., an annualized revenue run rate by 4Q of US$30 million) and gross margins of approximately 65%."

About KIT digital

KIT digital, Inc. (BULLETIN BOARD: KITD) is a leading, global provider of proprietary IP-based video distribution technologies and video-centric interactive marketing solutions. Through its end-to-end platform, KIT digital works closely with consumer brands and content providers to maximize the value of video content via the Internet. The KIT platform allows clients to publish, manage and distribute digital video content, build online communities and integrate advertising. In addition, enterprises can access approximately 100 KIT-syndicated channels and 40,000 KIT-syndicated videos. Through its wholly owned subsidiary, Sputnik Agency, the Company offers businesses a full range of interactive marketing solutions. KIT digital clients include News Corp., Verizon, K-Mart, NASDAQ, Hummer and RCS. KIT digital has principal offices in Dubai, Melbourne (Australia), New York, and London. For additional information, please visit http://www.kit-digital.com/.

Certain statements in this document constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of KIT Digital, Inc ("the Company"), or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its plan of operations when needed; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors discussed in the Company's periodic filings with the Securities and Exchange Commission, which are available for review at http://www.sec.gov/.

KIT digital, Inc.

CONTACT: Investor Relations, Todd Fromer, +1-212-896-1215,
tfromer@kcsa.com, or Public Relations, Lewis Goldberg, +1-212-896-1216,
lgoldberg@kcsa.com, both of KCSA Strategic Communications, for KIT digital,
Inc.

Web site: http://www.kit-digital.com/
http://www.roo.com/

Quanta Services to Present at Investor Conferences

HOUSTON, May 29 /PRNewswire-FirstCall/ -- Quanta Services, Inc. today announced that company executives will present at the following investor conferences in early June:

-- The RBC Capital Markets Energy Conference, June 2-3, 2008: At the Ritz Carlton Hotel, Battery Park in New York City on June 2nd at 10:15 a.m. Eastern Time; -- The 3rd Annual JPMorgan Basics & Industrials Conference, June 3-4, 2008: At the Sheraton New York Hotel and Towers in New York City on June 3rd at 10:00 a.m. Eastern Time; and -- The Credit Suisse Engineering & Environmental Services Conference, June 5, 2008: At the Credit Suisse office on Madison Avenue in New York City on June 5th at 1:55 p.m. Eastern Time.

Quanta Services' presentations at the JPMorgan and Credit Suisse conferences will be webcast live on their respective dates and times. To listen to the live audio webcast and view Quanta's presentation material, visit the company's website at http://www.quantaservices.com/. A replay of the presentation will be archived on the website shortly after the presentation is concluded.

Quanta Services is a leading specialized contracting services company, delivering infrastructure network solutions for the electric power, natural gas, telecommunications and cable television industries. The company's comprehensive services include engineering, designing, installing, repairing and maintaining network infrastructure nationwide. With operations in all 50 states and Canada, Quanta has the manpower, resources and expertise to complete projects that are local, regional, national or international in scope.

Contacts: James Haddox, CFO Ken Dennard / ksdennard@drg-e.com Reba Reid Kip Rupp / krupp@drg-e.com Quanta Services, Inc. DRG&E 713-629-7600 713-529-6600

Quanta Services, Inc.

CONTACT: James Haddox, CFO, or Reba Reid, both of Quanta Services, Inc.,
+1-713-629-7600; or Ken Dennard, ksdennard@drg-e.com, or Kip Rupp,
krupp@drg-e.com, both of DRG&E, +1-713-529-6600, for Quanta Services, Inc.

Web site: http://www.quantaservices.com/

VIDEO from Medialink and General Motors: Better Aerodynamics Boost Fuel Economy

NEW YORK, May 29 /PRNewswire/ -- As gas prices continue to increase, so does the search for new ways to improve fuel economy. This need is prompting automakers to put aerodynamics toward the top of their priority lists and start thinking outside the box and inside the wind tunnel.

(See video from General Motors at: http://media.medialink.com/WebNR.aspx?story=35084)

One of the best ways to improve a vehicle's fuel economy is to reduce the aerodynamic drag. The easier the car is to push through the air, the less gas you have to use. There are several design elements that can be altered to help the aerodynamic profile of a vehicle. Smoothing out the underbelly to create less turbulence is one. A cam back design, where the backend drops off steeply, is another design element being developed for vehicles like the electronically driven Chevrolet Volt.

There are also ways to improve your own car's aerodynamics. Keeping bike, ski or luggage racks off the roof when you're not using them can greatly increase your car's fuel efficiency. And secondly, keeping your car clean and waxed will make it slippery as you drive down the road.

Registered journalists can access video, audio, text, graphics and photos for free and unrestricted use at http://www.mediaseed.tv/.

05FF08-0033

Medialink and General Motors

CONTACT: Medialink, New York, +1-888-560-5578, mediadesk@medialink.com

Web site: http://www.mediaseed.tv/
http://media.medialink.com/WebNR.aspx?story=35084

Irvine Sensors Subsidiary Gets Additional $6.5 Million Order

COSTA MESA, Calif., May 29 /PRNewswire-FirstCall/ -- Irvine Sensors Corporation today announced that Optex Systems, Inc., its wholly-owned subsidiary, has just received a $6.5 million add-on order from an existing customer. The order is for additional shipments of a current Optex product, for delivery over a three-year period. This latest order is in addition to the approximately $6.7 million of new Optex orders announced by Irvine Sensors earlier this month.

Irvine Sensors Corporation (http://www.irvine-sensors.com/), headquartered in Costa Mesa, California, is a vision systems company engaged in the development and sale of miniaturized infrared and electro-optical cameras, image processors and stacked chip assemblies, the manufacture and sale of optical systems and equipment for military applications through its Optex subsidiary and research and development related to high density electronics, miniaturized sensors, optical interconnection technology, high speed network security, image processing and low-power analog and mixed-signal integrated circuits for diverse systems applications.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This message may contain forward-looking statements based on our current expectations, estimates and projections about our industry, management's beliefs, and certain assumptions made by us. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," "think," "may," "will" and variations of these words or similar expressions are intended to identify forward-looking statements. These statements include, but are not limited to, our expectations regarding the timing and amounts of shipments under this new order. Such statements speak only as of the date hereof and are subject to change. We undertake no obligation to revise or update publicly any forward-looking statements for any reason. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors.

Important factors that may cause such a difference include, but are not limited to, the availability of sufficient working capital to support fulfillment of our contracts; our ability to satisfy the production requirements of Optex's contracts on a timely and cost-effective basis; the availability of components for Optex's products; the impact of evolving technology or any technical challenges that we may encounter in the manufacture or fulfillment of Optex's products; our ability to attract and retain qualified technical personnel; the effects of international conflicts, natural disasters, public health emergencies and other events beyond our control; and the general economic and political conditions and specific conditions that may impact our operations. Further information on Irvine Sensors Corporation, including additional risk factors that may affect our forward looking statements, is contained in our Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q, our Current Reports on Form 8-K and our other SEC filings that are available through the SEC's website (http://www.sec.gov/).

Irvine Sensors Corporation

CONTACT: Investor Relations of Irvine Sensors Corporation,
+1-714-444-8718, investorrelations@irvine-sensors.com; or John Baldissera of
BPC Financial Marketing, 1-800-368-1217, for Irvine Sensors Corporation

Web site: http://www.irvine-sensors.com/

Baron & Budd, P.C. Files Suit to Stop Sale of EDS to Hewlett-Packard; Trust Fund Client Alleges Terms Are Unfair to EDS Shareholders

DALLAS, May 29 /PRNewswire/ -- Dallas-based law firm Baron & Budd, P.C. has filed suit on behalf of plaintiff client, the Intermountain Ironworkers Trust Fund (IITF), to stop the sale of Electronic Data Systems to Hewlett-Packard Corp. , alleging that the terms of the sale agreement are unfair to EDS shareholders.

The proposed sale agreement, which has not been approved by EDS shareholders, locks the price for EDS stock at $25 per share, prohibits EDS directors from seeking a higher price from alternative bidders and guarantees Hewlett-Packard a $375 million pay-off if EDS does not go through with the sale. On behalf of all EDS's public shareholders, the IITF plaintiffs allege that, by entering the agreement, EDS directors breached their fiduciary duties to the company's shareholders.

"This deal leaves EDS shareholders out in the cold," said Russell Budd, managing shareholder of Baron & Budd. "They had no say in the transaction, and the company directors who are charged with protecting their interests looked the other way."

This case is not Baron & Budd's first fight to protect shareholder interests in corporate transactions. As co-lead counsel in In re 7-Eleven, Inc. Shareholders Litigation, Baron & Budd successfully increased the tender offer's price per share in the 2005 transaction that transformed the convenience store operator from a publicly traded company to a privately held entity, resulting in a substantial increase in the amount paid to 7-Eleven shareholders.

Baron & Budd attorneys Bruce Steckler and Burton LeBlanc will head up the law firm's efforts on behalf of the plaintiffs, along with co-counsel Randy Pulliam of Cauley, Bowman, Carney & Williams, P.L.L.C. of Little Rock Arkansas. The case is pending in district court in Collin County, Texas.

About Baron & Budd, P.C.

Since 1977, the law firm of Baron & Budd, P.C. has championed the rights of people and communities harmed by corporate misconduct. With 49 attorneys and offices in Texas, California and Louisiana, Baron & Budd enjoys a national reputation as a leader of the plaintiffs' bar. The firm represents individuals with mesothelioma and other diseases caused by asbestos; leukemia caused by benzene; injuries caused by other toxic substances and unsafe pharmaceuticals; water authorities seeking clean-up costs for drinking water contamination; securities investors defrauded by corporate wrongdoing; and consumers in class actions.

http://www.baronandbudd.com/ Contact: Susan Knape of Baron & Budd, P.C. 214-523-6226

Baron & Budd, P.C.

CONTACT: Susan Knape of Baron & Budd, P.C., +1-214-523-6226

Web site: http://www.baronandbudd.com/

ANADIGICS to Present at the Oppenheimer Communications & Technology Conference

WARREN, N.J., May 29 /PRNewswire-FirstCall/ -- ANADIGICS, Inc. , a leading provider of semiconductor solutions in the rapidly growing broadband wireless and wireline communications markets, today announced that Company President & CEO Dr. Bami Bastani will be presenting a company overview at the Oppenheimer Communications & Technology Conference on June 3, 2008, at 3:10 p.m. Eastern time from the Four Seasons Hotel in Boston, Mass.

A webcast will be available for the conferences from the "Investors" section of the ANADIGICS website: http://www.anadigics.com/investors.

About ANADIGICS, Inc.

ANADIGICS, Inc. is a leading provider of semiconductor solutions in the rapidly growing broadband wireless and wireline communications markets. Founded in 1985 and headquartered in Warren, NJ, the company's award-winning products include power amplifiers, tuner integrated circuits, active splitters, line amplifiers, and other components, which can be sold individually or packaged as integrated radio frequency and front end modules. For more information, visit http://www.anadigics.com/.

Safe Harbor Statement

Except for historical information contained herein, this press release contains projections and other forward-looking statements (as that term is defined in the Securities Exchange Act of 1934, as amended). These projections and forward-looking statements reflect the Company's current views with respect to future events and financial performance and can generally be identified as such because the context of the statement will include words such as "believe", "anticipate", "expect", or words of similar import. Similarly, statements that describe our future plans, objectives, estimates or goals are forward-looking statements. No assurances can be given, however, that these events will occur or that these projections will be achieved and actual results and developments could differ materially from those projected as a result of certain factors. Important factors that could cause actual results and developments to be materially different from those expressed or implied by such projections and forward-looking statements include those factors detailed from time to time in our reports filed with the Securities and Exchange Commission, including the Company's annual report on Form 10-K for the year ended December 31, 2007, and those discussed elsewhere herein.

ANADIGICS, Inc.

CONTACT: Corporate, Jennifer Palella, +1-908-668-5000, Fax:
+1-908-412-5978, jpalella@anadigics.com, or Investor Relations, Thomas
Shields, +1-908-412-5995, tshields@anadigics.com, both of ANADIGICS, Inc.

Web site: http://www.anadigics.com/

Nanophase Expands Into New Market Segments

ROMEOVILLE, Ill., May 29 /PRNewswire-FirstCall/ -- Nanophase Technologies , a technology leader in nanomaterials and advanced nanoengineered products, noted initial nanomaterial orders for new applications in two new markets.

Nanophase remains intensely focused on delivering superior product value to targeted markets and customers. The Company continues to rigorously advance customer and product opportunities through its improved sales process and to leverage its investment in R&D application development for nanomaterial-enabled products. This focused approach has resulted in two new customer orders from the animal hygiene and electronics market.

Nanophase has targeted a particular area of the animal hygiene market and is working with leading companies to develop formulations incorporating nanomaterials. The Company has received an initial order from one such company to support a new product launch slated for introduction in the near future. Nanophase is continuing product development with other companies in the same market segment.

Nanophase also noted initial orders for an electronics application that uses nanomaterials as key additives to dissipate an electrostatic discharge transient. The key functionality of the nanomaterial layer is to provide electrostatic discharge protection to improve reliability across a broad range of electronic systems and devices.

"Both of these new applications represent target markets for Nanophase that we are approaching through our new stage gate sales process," stated Kevin Wenta, EVP of Sales and Marketing. "It is gratifying to see the initial results of Nanophase's improved sales and marketing process. We are optimistic for continued growth in both of these markets and successes in other new applications."

Nanophase Technologies Corporation (NANX), http://www.nanophase.com/, is a leader in nanomaterials technologies and provides nanoengineered solutions for multiple industrial product applications. Using a platform of patented and proprietary integrated nanomaterial technologies, the Company creates products with unique performance attributes from two ISO 9001:2000 and ISO 14001 facilities. Nanophase delivers commercial quantity and quality nanoparticles, coated nanoparticles, and nanoparticle dispersions in a variety of media. The Company owns or licenses 18 United States and 49 foreign patents and patent applications. Information about Nanophase may be found in the Company's public filings or on its website.

This press release contains words such as "expects", "shall", "will", "believes" and similar expressions that are intended to identify forward-looking statements within the meaning of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Such statements in this announcement are made based on the Company's current beliefs, known events and circumstances at the time of publication, and as such, are subject in the future to unforeseen risks and uncertainties that could cause the Company's results of operations, performance and achievements to differ materially from current expectations expressed in, or implied by, these forward-looking statements. These risk and uncertainties include the following: a decision by a customer to cancel a purchase order or supply agreement in light of the Company's dependence on a limited number of key customers; uncertain demand for, and acceptance of, the Company's nanocrystalline materials; the Company's manufacturing capacity and product mix flexibility in light of customer demand; the Company's limited marketing experience; changes in development and distribution relationships; the impact of competitive products and technologies; the Company's dependence on patents and protection of proprietary information; the resolution of litigation in which the Company may become involved; and other risks described in the Company's Form 10Q filed May 9, 2008, and other filings with the Securities and Exchange Commission. In addition, the Company's forward-looking statements could be affected by general industry and market conditions and growth rates. Except as required by federal securities laws, the Company undertakes no obligation to update or revise these forward-looking statements to reflect new events, uncertainties or other contingencies.

Nanophase Technologies Corporation

CONTACT: Joseph Cross, President, CEO, +1-630-771-6705, or Jess
Jankowski, VP, CFO, +1-630-771-6702, or Nancy Baldwin, Investor Relations,
+1-630-771-6707, all of Nanophase Technologies Corporation

Web site: http://www.nanophase.com/

Northern Trust Launches PassportLink to Enhance Automation and STP in Trade Matching for Asset Servicing Clients

LONDON, May 29 /PRNewswire/ --

Northern Trust has launched PassportLink, an advanced system integration tool that offers a plug-and-play technology solution, enabling asset servicing clients to seamlessly communicate trade messages and reporting data between their internal front-office systems and Northern Trust's custody systems, thus increasing operational efficiencies.

PassportLink was developed as part of Passport, Northern Trust's online, institutional-client data delivery platform and has been designed to be used in conjunction with Northern Trust's Web Trade Services solution which offers automatic trade matching. Providing a two way data exchange, PassportLink allows clients to transmit settlement instructions or pre-matched trades from any order management system to Northern Trust's Web Trade Services solution. Conversely, Northern Trust can transmit reporting information such as holdings, cash or income data to their client's underlying systems.

"PassportLink is an extension of Northern Trust's outsourcing solution and offers clients who are not members of the SWIFT network an alternative method of communication that is equally robust, flexible and broad in coverage," said Peter Cherecwich, head of Global Product and Strategy for Northern Trust's asset servicing business. "This translates into key benefits for clients around reducing their manual processes and, therefore, operational risk, through improving automated trade capture and increasing straight-through-processing."

Northern Trust has developed PassportLink to be compatible with a full range of front office asset servicing systems and it has already been tested and implemented successfully in conjunction with SimCorp Dimension and Wall Street Systems.

About Northern Trust

Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of investment management, asset and fund administration, fiduciary and banking solutions for corporations, institutions and affluent individuals worldwide. Northern Trust, a multibank holding company based in Chicago, has a growing network of 85 offices in 18 U.S. states and has international offices in 15 locations in North America, Europe and the Asia-Pacific region. As of March 31, 2008, Northern Trust had assets under custody of US$4.0 trillion, and assets under investment management of US$778.6 billion. Northern Trust, founded in 1889, has earned distinction as an industry leader in combining exceptional service and expertise with innovative products and technology. For more information, visit http://www.northerntrust.com.

-- Where Northern Trust's UK entities undertake regulated business, they are authorised and regulated in the United Kingdom by the Financial Services Authority. -- Northern Trust operates in Australia as a Representative Office and is regulated by The Australian Prudential Regulatory Authority (APRA). -- Northern Trust in Hong Kong is a securities company regulated by the Securities and Futures Commission.

Web site: http://www.northerntrust.com

Northern Trust

EMEA & Asia-Pacific, Sara Murshed, +44-(0)20-7982-2249, sm136@ntrs.com, or Camilla Greene, +44(0)-20-7982-2176, cg81@ntrs.com, or U.S., Canada, John O'Connell, +1-312-444-2388, jo45@ntrs.com, or Alexis Geocaris, +1-312-444-3094, ag92@ntrs.com, all of Northern Trust

GoAdv annonce un solide début d'annee 2008 avec des revenus non audités de 8,8 meur au premier trimestre

PARIS, May 29 /PRNewswire/ --

Chiffres marquants - Revenus non audités de 8,8 MEUR au premier trimestre 2008 - Progression de 145 % par rapport aux revenus du premier trimestre 2007 (3,6 MEUR) - Progression de 12 % par rapport aux revenus du quatrième trimestre 2007 (7,8 MEUR)

GoAdv (Code ISIN FR0010500975 - Code MNEMO: ALGOA) publie ses revenus non audités au titre du premier trimestre 2008, marquant le 13ème trimestre consécutif de croissance soutenue de l'activité de la société. Cette dernière affiche un chiffre d'affaires de 8,8 MEUR durant ce 1er trimestre 2008, à comparer à des chiffres d'affaires pro forma de 7,8 MEUR au dernier trimestre 2007 et de 3,6 MEUR lors du 1er trimestre 2007.

GoAdv a poursuivi le développement de ses activités tout au long du 1er trimestre 2008, renforçant son équipe avec de nouvelles recrues dans ses bureaux de Dublin et Rome, mais aussi ses développements technologiques avec sa suite d'outils de marketing online au travers de Trackset (http://www.trackset.com).

A la suite de l'acquisition d'Excite en octobre 2007, la société a mené à bien son intégration et, grâce à l'extension de son équipe éditoriale interne et à la mise en oeuvre de ses compétences en marketing et monétisation, Excite a d'ores et déjà enregistré une importante croissance de son trafic. Ainsi, le trafic mensuel est passé de 5 millions d'utilisateurs mensuels uniques en octobre 2007 à 7,5 millions en mars 2008, soit une progression de 50 % en moins de 6 mois.

Le réseau Better Deals a connu une croissance soutenue similaire, tandis que le réseau européen de sites verticaux dépasse à présent les 10 millions d'utilisateurs mensuels.

Luca Ascani, Président de GoAdv, commente : << Nos revenus du 1er trimestre 2008 reflètent la poursuite de notre croissance et de notre succès, ainsi que le développement de la société tout au long de 2007, qui a vu GoAdv doubler son chiffre d'affaires pour la troisième année consécutive. Le 1er trimestre 2008 affiche une croissance tout aussi soutenue et nous escomptons poursuivre ce succès cette année. >>

Prochaine communication financière le 4 Septembre pour les Chiffres d'affaires du deuxième trimestre.

A propos de GoAdv

Le groupe GoAdv a été créé en 2004 et est aujourd'hui l'un des spécialistes européens de la génération de trafic qualifié sur Internet. Avec plus de 100 collaborateurs répartis au sein de structures installées en Italie, en Irlande et en France, le groupe déploie ses activités dans les principaux pays européens: Royaume-Uni, Allemagne, Pays Bas, France, Italie, Espagne, Suède et Pologne.

GOADV est listé sur Alternext Nyse-Euronext Paris

Code ISIN FR0010500975 - Code MNEMO: ALGOA

Pour plus d'informations: http//www.goadv.com

GoAdv SA

Contacts presse: Trimedia Eurotandem, Caroline Douhaire / Valérie Hilaire-Bleys, +33-1-55-30-70-96, Caroline.douhaire@trimedia.fr. Listing Sponsor: Euroland, Julia Temin, +33-1-44-70-20-84, jtemin@euroland-finance.com

uBid.com Holdings, Inc. Announces New and Expanded Product OfferingsAsset Recovery Leader Adds 10 New Or Expanded Brand Relationships

CHICAGO, May 29 /PRNewswire-FirstCall/ -- uBid.com Holdings Inc. (BULLETIN BOARD: UBHI) , the leading asset recovery solutions company for the world's most trusted brands, today announced additional product offerings on its uBid.com auction website, located at http://www.ubid.com/. New and expanded asset recovery relationships will be provided by uBid.com Holdings Inc. in conjunction with Canon, Denon, Epson, Fujitsu, JVC, Kicker International, Onkyo, Philips, Polaroid Corporation and Westinghouse.

(Logo: http://www.newscom.com/cgi-bin/prnh/20060206/CGM036LOGO)

"These new and expanded business relationships underscore our new focus as a multi-channel inventory solutions company," explained uBid.com Holdings' Chief Executive Officer Jeff Hoffman.

Some of the product categories represented include LCD televisions, audio equipment, projectors, notebook computers, DVD players, digital cameras and subwoofers. The addition of these new products will add significant quality and depth to uBid.com Holdings' product catalog and further strengthen its value proposition to customers.

"We offer the best products from some of the best brands in the business and we are proud to be assisting these great brands in their asset recovery needs," commented Timothy Takesue, Executive Vice President of Account Management and Seller Solutions for uBid.com Holdings.

"We are very pleased to be working more closely with uBid.com Holdings as they re-invent themselves as a true asset recovery partner," said Tony Sciarrotta, Director of Returns Management/Asset Recovery for Philips. "It's a win-win relationship for both parties."

For more information please visit http://www.ubid.com/. About uBid.com Holdings, Inc.

uBid Holdings, Inc. is the world's leading excess inventory solutions company that links brand name sellers with customers around the globe. uBid Holdings, Inc. does this through its multi-channel asset-recovery solution that includes an online auction platform located at http://www.ubid.com/, physical facilities liquidation and a business-to-business selling platform. Brand name sellers are able to reduce excess inventory more efficiently and profitably than ever before. And however they choose to buy, shoppers now have an inside connection to the world's most trusted brands at prices far below retail. With more than 10 years experience in online commerce, uBid Holdings, Inc. is headquartered in Chicago, IL.

uBid.com Holdings, Inc. is publicly-traded on the NASD OTC bulletin board (UBHI).

SEC Filings and Forward-Looking Statements

Additional information about uBid.com is in the company's annual report on Form 10-K, filed with the Securities and Exchange Commission.

Certain statements made in this release are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements using terminology such as "anticipate," "believe," "estimate," "expect," "intend," "may," "could," "possible," "plan," "project," "should," "will," "forecast," and similar words or expressions. uBid.com Holdings, Inc. intends that all forward-looking statements be subject to the safe harbor provisions of the Private Securities Litigation Reform Act. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business of uBid.com Holdings, Inc. and the industries and markets in which uBid.com Holdings, Inc. operates. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions, which are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or implied by these forward-looking statements. Factors which may affect the forward looking statement identified above and uBid.com Holdings, Inc.'s business, financial condition and operating results generally include the effects of adverse changes in the economy, reductions in consumer spending, declines in the financial markets and the industries in which uBid.com Holdings,Inc. and its partners operate, adverse changes affecting the Internet and e-commerce, the ability of uBid.com Holdings,Inc. to develop and maintain relationships with strategic partners and suppliers and the timing of its establishment or extension of its relationships with strategic partners, the ability of uBid.com Holdings, Inc. to timely and successfully develop, maintain and protect its technology and product and service offerings and execute operationally, the ability of uBid.com Holdings, Inc. to attract and retain qualified personnel, the ability of uBid.com Holdings, Inc. to successfully integrate its acquisitions of other businesses, if any, and the performance of acquired businesses. uBid.com Holdings, Inc. expressly disclaims any intent or obligation to update these forward-looking statements, except as otherwise specifically stated by uBid.com Holdings, Inc.

Photo: http://www.newscom.com/cgi-bin/prnh/20060206/CGM036LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com uBid.com Holdings, Inc.

CONTACT: Bruce Hutchison, VP Marketing of uBid.com Holdings, Inc.,
+1-773-272-4531, bruceh@ubid.com

Web site: http://www.ubid.com/

Kewaunee Scientific Corporation Increases Quarterly Dividend

STATESVILLE, N.C., May 29 /PRNewswire-FirstCall/ -- Kewaunee Scientific Corporation announced today that its Board of Directors increased the Company's quarterly cash dividend to eight cents per outstanding share, up from seven cents per share declared in the previous quarter, payable on June 23, 2008 to stockholders of record at the close of business on June 9, 2008.

Kewaunee Scientific Corporation is a recognized leader in the design, manufacture, and installation of scientific and technical furniture. The Company's corporate headquarters and manufacturing facilities are located in Statesville, North Carolina. The Company also has subsidiaries in Singapore and Bangalore, India that serve the Asian markets. Kewaunee Scientific's website is located at http://www.kewaunee.com/ .

Contact: D. Michael Parker

704/871-3290

Kewaunee Scientific Corporation

CONTACT: D. Michael Parker, Kewaunee Scientific Corporation,
+1- 704-871-3290

Web site: http://www.kewaunee.com/

Electric~Spin and Ford Wayne Gretzky Classic to host world's first Live Virtual Golf tournamentFord Wayne Gretzky Classic Par-3 Challenge lets fans tee off live against the pros on Electric~Spin's golf simulator, the Golf Launchpad Tour

TORONTO, May 29 /PRNewswire-FirstCall/ -- Electric~Spin, the creators of the award-winning Golf Launchpad series of golf simulators, and the Ford Wayne Gretzky Classic today announce the creation of the world's first Live Virtual Golf tournament - the Ford Wayne Gretzky Classic Par-3 Challenge.

Thursday, June 26 through Sunday, June 29, while the Classic is being played in the Town of the Blue Mountains, fans can compete in the world's first Live Virtual Golf tournament with Electric~Spin's home golf simulator, the Golf Launchpad Tour. Participants will play a closest-to-the-pin contest virtually against the pros golfing on holes 3, 12 and 17 of the Georgian Bay Club in Collingwood, Ontario one of the hosts of the Classic.

The Golf Launchpad Tour will be available to spectators attending the tournament at the Georgian Bay Club, as well as at a number of other locations to be announced.

"We are thrilled to be teaming up with Electric~Spin to engage more people in our charity golf event through Live Virtual Golf technology," said Wayne Gretzky, hockey icon and founder of the Wayne Gretzky Foundation. "With Live Virtual Golf, fans can do more than just watch the game, they can get into it."

Live Virtual Golf combines the Golf Launchpad Tour, Electric~Spin's most recent addition to its line of ultra-realistic home golf simulators, with NDS's industry leading XTVReady(TM) set-top box middleware technology to create the ultimate virtual golf experience. Golf fans can play and compete with their own clubs, on the same course, at the same time - and all from the comfort of their own home. Live Virtual Golf is the world's first application that combines simulation and telecast to create a truly unique golf experience.

"We are honored and excited to announce the Ford Wayne Gretzky Classic Par-3 Challenge and let these golf fans be some of the first in the world to try the new Golf Launchpad Tour - the latest in virtual golf," said Electric~Spin's CEO, Anees Munshi. "Live Virtual Golf revolutionizes the way golfers and gamers interact with golf television programming."

Electric~Spin's Golf Launchpad Tour is an award-winning home golf simulator that features optical sensor technology, a golf physics engine and a tethered, regulation Surlyn(TM) golf ball to give users the feel, sensation and realism of an actual golf game.

"This is the first time that golf enthusiasts will be able to compete live against the pros from a remote location," said Dean Reinmuth, world-renowned golf instructor, and consultant to Electric~Spin. "Imagine the excitement and anticipation that comes from combining that opportunity with the best golf technology out there."

For more information about the Ford Wayne Gretzky Classic Par-3 Challenge, the world's first Live Virtual Golf tournament, visit http://www.electricspin.com/ or http://www.gretzky.com/golf.

About Electric~Spin -------------------

Electric~Spin Corporation, the subsidiary of Electric-Spin Ltd. (TSX - V: ESC) is the worldwide leader in home golf simulators marketed under its Golf Launchpad brand and carried by premier retailers in over 16 markets worldwide. Electric~Spin designs, develops and manufactures its golf simulators, accessories and software at its headquarters in Woodbridge, Ontario, and at its Asian subsidiary. For media inquiries, please contact Chris Dittoe at Dittoe PR at 317-202-2280 ext 14, or Nadia Alfano at Electric~Spin at 1-866-571-7746 ext. 413. For more information, please visit http://www.electricspin.com/

About the Ford Wayne Gretzky Classic presented by Samsung ---------------------------------------------------------

The Ford Wayne Gretzky Classic is being held in the Town of the Blue Mountains June 23-29, the Ford Wayne Gretzky Classic will provide fans with the opportunity to watch 160 professionals and 160 celebrities and amateurs pair up in a pro-am style tournament. As an official Nationwide Tour stop, players will be competing for one of the year's largest purses at $800,099, with all four rounds televised on the Golf Channel. Two courses will host the tournament - The Georgian Bay Club and the Raven Golf Club at Lora bay - with proceeds from the tournament to benefit local charities and the Wayne Gretzky Foundation. Further information, including tickets and volunteer opportunities, can be found at http://www.gretzky.com/.

About Wayne Gretzky Foundation ------------------------------

Founded in 2002, the Wayne Gretzky Foundation's mission is to provide less fortunate youth with the opportunity to experience the sport of hockey. This goal will be accomplished through the donation of hockey equipment and ice time, as well as providing the opportunity for young people to attend professional hockey games. The Wayne Gretzky Foundation believes that hockey instills many positive life skills and contributes to the physical, emotional and social growth of young people.

Electric-Spin Ltd.

CONTACT: PRESS CONTACT: For Electric~Spin: Meghan Howard, Dittoe Public
Relations, (317) 202-2280 x.15, meghan@dittoepr.com; For Ford Wayne Gretzky
Classic: Mark James, Cohn & Wolfe, (647) 259-3269, Mark.james@cohnwolfe.ca

Perot Systems and Sinai Health System Extend Revenue Cycle Solutions ContractCompany to Improve Cash Recovery & Billing Efforts for Chicago Area hospitals

PLANO, Texas, May 29 /PRNewswire-FirstCall/ -- Perot Systems today announced that Sinai Health System, located in Chicago, Illinois, has extended its relationship with the global information technology provider. Perot Systems began its revenue cycle outsourcing relationship with Sinai Health System five years ago, and in that period of time its team of revenue cycle professionals has enabled Sinai Health System to achieve significant financial and operational improvements.

"Perot Systems is an outstanding organization, and with their help we have overcome many hurdles to realize significant financial and operational efficiencies. Due to their help in improving our revenue cycle, we are increasingly able to focus on our mission of improving the health for the communities that we serve," stated Chuck Weis, CFO of Sinai Health System.

"This extension with Sinai Health System validates their trust in our team's ability to deliver the solutions they need. We will continue to provide them with world-class revenue cycle processes and technology, and we are happy to help them to continue to realize their vision of being the national model for the delivery of urban healthcare," stated Chuck Lyles, president of the Perot Systems healthcare industry group.

About Perot Systems

Perot Systems is a worldwide provider of information technology services and business solutions. Through its flexible and collaborative approach, Perot Systems integrates expertise from across the company to deliver custom solutions that enable clients to accelerate growth, streamline operations and create new levels of customer value. Headquartered in Plano, Texas, Perot Systems reported 2007 revenue of $2.6 billion. The company has more than 23,000 associates located in North America, Europe, MENA and Asia. Additional information on Perot Systems is available at http://www.perotsystems.com/.

About Sinai Health System

For more than 80 years, the hospitals, physicians and staff of Sinai Health System have provided medical care and social services to Chicago's neediest communities. Sinai Health System today provides a full continuum of care -- acute, primary, specialty and rehabilitation -- to meet the needs of its communities and patients.

This press release contains forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. For factors that could affect our business and cause actual results to differ materially, please refer to our Annual Report on Form 10-K for the fiscal year ended December 31, 2007, as filed with the U.S. Securities and Exchange Commission and available at http://www.sec.gov/, as updated in our Quarterly Reports on Form 10-Q filed after such Form 10-K, for additional information regarding risk factors. We disclaim any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments, or otherwise.

Media Contact: Perot Systems Corporation Jonathan Moss +1 972 577 6395 jonathan.moss@ps.net

Available Topic Expert(s): For information on the listed expert(s), click appropriate link. Terry Armstrong http://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=72751

Perot Systems Corporation

CONTACT: Jonathan Moss of Perot Systems Corporation, +1-972-577-6395,
jonathan.moss@ps.net

Web site: http://www.perotsystems.com/

Company News On-Call: http://www.prnewswire.com/comp/122686.html

Microsoft Virtual Earth Platform Selected by Leading State and Regional Agencies in the United StatesTexas, Ohio, city of Miami and New York City among entities using Microsoft Virtual Earth to develop geospatial applications for citizens.

REDMOND, Wash., May 29 /PRNewswire-FirstCall/ -- The state Departments of Transportation for both Texas and Ohio are among the latest entities to build on top of the Microsoft Virtual Earth platform. Both agencies provide easy-to- use Web sites where citizens can find out the latest traffic information and accident details, and even see traffic camera views. These significant citizen traffic assistance features are the latest examples of governments across the country using Microsoft Virtual Earth to make everyday activities easier and citizens more informed.

(Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO)

Texas has used the Virtual Earth platform to develop a range of traffic and citizen information services statewide in addition to developing Virtual Earth-powered portals for cities including Houston, El Paso and San Antonio.

For the first of many planned citizen-facing portals, Texas recently launched the El Paso Intelligent Transportation System, TransVista. TransVista allows residents to see live traffic camera views, roadway communication signs, and traffic incident data in 2-D and 3-D views with nothing more than an Internet browser. Users can toggle between traffic hazards and incident data that comes directly from the El Paso Police Department as well as control information displayed through an integrated, easy-to-use panel on the left side of the screen.

Just weeks after El Paso launched its Virtual Earth application for visualizing travel conditions in its region, the Houston TranStar consortium -- a partnership between the Texas Department of Transportation, Harris County, the Metropolitan Transit Authority of Harris County and the City of Houston -- launched its Houston TranStar Traffic Map. The TranStar site allows travelers to check on traffic flow, incidents and lane closures, and it provides traffic-camera views and the ability to inspect road-sign messages. All this data is layered on the Virtual Earth platform, along with appealing maps and rich aerial imagery provided through an easy-to-use Web service. As with all Virtual Earth-based applications, users need only an Internet-enabled computer with a browser to access the information and do not need to install a desktop application. Both Texas sites are Virtual Earth 3D-enabled, which includes comprehensive 3-D city models.

The Ohio site Buckeye Traffic provides travelers with similar up-to-date information on road conditions, traffic, construction and other activities affecting roadways managed by the Ohio Department of Transportation (ODOT). Information is updated through sources such as pavement sensors, monitoring stations and traffic cameras, and through direct input by ODOT personnel.

"States and localities are realizing the broad and affordable benefit that comes from using the Virtual Earth platform to display the current traffic and weather information that individuals and families need to make work, school and travel decisions every day," said Gail Thomas-Flynn, general manager of State and Local Government at Microsoft. "Texas and Ohio are leading the way in extending their transportation guidance mission with the help of Virtual Earth."

Largest Transit Authority Chooses Virtual Earth

Earlier this year, MTA New York City Transit (NYCTA), which has a combined bus and subway ridership of 7.5 million daily riders, announced that it released a version of its Trip Planner online travel itinerary service featuring Virtual Earth maps. The service, which allows visitors and residents to get walking directions for their travel itinerary within the city, provides a rich 2-D and 3-D visualization experience. On the site, New York residents and visitors can plan routes and set preferences such as what time to leave or the desired time of arrival, desired distance, and available subway, bus or express bus alternatives along the route. In April, the site received 8,359 unique visitors on an average weekday and 6,691 on an average weekend day. Those figures are up 208 percent and 235 percent respectively over the same month last year.

"By offering this online service, we've been able to provide more travel information to more customers," said Fred Benjamin, assistant vice president for Customer Service, NYCTA. "Trip Planner has improved our ability to provide accurate and vital travel information by expanding our operation to a cyberplatform."

Beyond Transportation, Governments Build Connections With Integrated Mapping

In addition to providing the necessary traffic advisory services that come from current data layered on the Virtual Earth platform, governments from Miami to Seattle are offering enhanced solutions that connect public servants and citizens alike to regional data at their fingertips. The city of Miami chose Virtual Earth mapping software to develop online applications that provide enhanced public safety response, urban planning and tourism services. The new software helps fire personnel to respond more quickly to emergencies, urban planners to study the impact of new construction, and the public to better take advantage of city services. The site takes advantage of Microsoft's photorealistic, geo-specific and highly accurate Miami city 3-D model to provide first responders with unobstructed views of emergency sites before they arrive on the scene, and citizens and visitors with the ability to explore the city virtually before leaving their home or hotel room.

In the Puget Sound region of Washington state, the eCityGov Alliance, a regional inter-local agency that provides online access to services such as permitting, public building information and recreation resources, used Microsoft Virtual Earth to build an application that allows users to search, locate and visualize regional parks and recreational resources. With Virtual Earth, eCityGov delivered a rich user experience, reduced the staff time and cost of implementation, and freed limited technology resources to focus on higher-value tasks.

About Virtual Earth

The Virtual Earth platform is Microsoft's next-generation integrated set of powerful online mapping and search services that offer a variety of capabilities, including unique bird's-eye view, three-dimensional imagery, and aerial and satellite imagery. The Virtual Earth platform also powers a variety of consumer, enterprise and government applications that enable people to discover and explore a specific location. Virtual Earth powers Live Search Maps, Microsoft's online local search and mapping Web site.

More information about the Virtual Earth platform in government is available at http://www.microsoft.com/industry/government/solutions/virtual_earth/overview.mspx.

About Microsoft

Founded in 1975, Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Microsoft Corp.

CONTACT: Jared Adams of The Merritt Group, +1-703-390-1530,
adams@MerrittGrp.com, for Microsoft Corp.

Web site: http://www.microsoft.com/

Microsoft Contributes Web Services Protocol to Broaden InteroperabilityCollaboration with the IEEE Industry Standards and Technology Organization will expand opportunities for partners, enabling innovative new solutions and experiences for customers.

REDMOND, Wash., May 29 /PRNewswire-FirstCall/ -- As part of its customer-focused commitment to interoperability, Microsoft Corp. today announced that it has contributed its Web services protocol specification for consumer scanning peripherals -- Microsoft Scan Service Definition Version 1.0 (WS-Scan) -- to the Printer Working Group (PWG), a program of the IEEE Industry Standards and Technology Organization (ISTO). The contribution of the WS-Scan protocol specification will make it easier for partner companies to make their products interoperable across multiple platforms and deliver new functionality and manageability improvements to customers.

(Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO)

WS-Scan provides a common framework for describing and sharing information between Windows Vista and consumer scanning peripherals. As part of its continuing efforts to work with partners to provide innovative Windows-based solutions and the best set of experiences to meet customers' specific needs, Microsoft built upon the initial efforts of Xerox Corp. and collaborated with several leading companies in the printing ecosystem to develop the WS-Scan protocol specification. As a result of submitting this specification to the PWG, these solutions will now be available to any platform that companies need to meet their customers' interoperability requirements.

"This collaboration is a response to customer and industry interest in having the WS-Scan Service Schema mapped directly to the PWG Scan semantic model," said Jack Mayo, group program manager with the Windows Experience team at Microsoft. "The benefit to customers will be making great scanning solutions for Windows-based interoperable with other platforms. The ability to make interoperable solutions will also greatly reduce the development burden on the PWG partner companies."

"Xerox has a long history of developing innovative technologies that help our customers do great work in new and exciting ways," said Richard Dastin, senior vice president and general manager in the Xerox Office Group. "Working with Microsoft to promote interoperability is a great demonstration of that continued commitment, and we look forward to future collaborations for the benefit of our customers."

Member organizations of the PWG include printer and multifunction device manufacturers, print server developers, operating system providers, projector manufacturers, and print management application developers. The group is chartered to develop industry standards that make printers and other imaging devices, and the applications and operating systems supporting them, work better together.

"Microsoft's WS-Scan specification is a significant contribution to the Printer Working Group. It will greatly help us in our effort for industrywide standardization of networked multifunction device behaviors and capability representation," said Jerry Thrasher, PWG chair and senior standards engineer for Lexmark International Inc. "The PWG Semantic Model, a widely adopted model of network printer behaviors and capabilities, is being extended to include multifunction devices. Maintaining a consistent model for behaviors and capabilities of multifunction devices within the industry not only improves interoperability across operating environments, but also helps reduce implementation costs for device manufacturers."

Windows Vista includes device drivers for a wide variety of increasingly powerful printers and multifunction devices that support innovations in graphics, networking and imaging. There are currently nearly 77,000 devices and hardware components certified for use with Windows Vista. Microsoft is contributing WS-Scan to the PWG to help improve interoperability and make the connectivity process easier and more seamless for consumers.

Founded in 1975, Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Microsoft Corp.

CONTACT: Rapid Response Team of Waggener Edstrom Worldwide,
+1-503-443-7070, rrt@waggeneredstrom.com, for Microsoft Corp.

Web site: http://www.microsoft.com/

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News archive of November 2009
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